Payless ShoeSource on Delancey Street Steps Down After 6 Years

Posted on: April 5th, 2017 at 5:10 am by

payless-closed-1

Payless ShoeSource just stepped down from the Lower East Side. Its six-year-old store at 130 Delancey Street – in the base of Blue condos – shuttered last week.

The shelves are empty, leaving the store just another white-box space for the taking.

News of its closure first surfaced in February, when announcements were placed in the windows. They read, “closing here but open near,” referring to the not-so-close location on 34th Street.

To be honest, though, Payless was on death watch since last fall. That’s when the Comprehensive Kids School passed on. At the time, Sinvin brokerage was retained to lease the entire base of Blue condos, and hoisted its tombstone banner signage to advertise the multilevel space. It’s unclear at the moment whether the longtime Children’s Place is likewise affected.

Payless reportedly signed a ten-year lease for 3,300 square-feet in March 2011, with an asking rent of $125 per square-foot. They opened three months later.

Carter Management Corp. acquired 130 Delancey Street in late 2012 for $21 million, according to public record.

Recent Stories

Early ’00s LES Rock History ‘Meet Me in the Bathroom’ will be Adapted into Docu-series

You may have seen this… New York’s beloved gritty indie musc scene circa 2000s is getting a second life, through a four-hour docu-series. That’s right, the resurgence is a visual retelling based on Lizzy Goodman’s 600-page oral history called Meet Me in the Bathroom: Rebirth and Rock & Roll in NYC 2001-2011. The documentary will […]

Anti-Gun Mural Painted on Hester Street

Shots fired. Muralist Otto Schade is throwing shade at gun control with this powerful new piece on Hester Street, just east of the Bowery. It was painted last week. The liberty eagle’s wingspan runs the length of the brick wall, and is composed solely of weaponry. Machine guns and knives. And the bird is clutching […]

‘Tang’s Noodle’ Joins the Leon Hotel on Canal Street

Chinatown has another noodle shop to its name. Coming soon to the four-year-old Leon Hotel is Tang’s Noodle. If the signage is to be believed, this is the first stateside restaurant for the import. Build-out of the small ten-table establishment had been underway since summertime. And it’s not to be confused with the new hotpot […]

Construction Resumes at East Broadway Modular Development Site After Collapsed Sidewalk

The modular housing construction on East Broadway reactivated in a big way last week after its second sidelining since summertime. Pile driver and backhoe are stationed onsite. The project parcel at 201 East Broadway has been relatively silent for much of the last six months. Twice in that time, progress was stymied thanks to safety […]

City Council Passes Bill for Increased ‘Urban Renewal’ Transparency

Earlier this week, City Council unanimously voted to pass legislation that would require the City to provide public access to urban renewal plans, which have been changing the real estate landscape of New York City for decades. Intro 1533-A, sponsored by Councilwoman Margaret Chin, would require the Department of Housing Preservation and Development (HPD) to […]