Ben Shaoul’s Condo Development at 196 Orchard Street Reaches 8-Story Height

Posted on: August 1st, 2017 at 5:03 am by

Since this past spring, the new condo development by hated landlord Ben Shaoul has made steady progress. Nothing is stopping this ascent. The superstructure of 196 Orchard Street is already at approximately eight stories, and still has about three to go.

The so-called “Sledgehammer,” Ben Shaoul, scooped up this block of East Houston for $75 million (including $17 million in air rights from Katz’s Deli) in 2014, demolished it, and is now rebuilding. As previously reported, the project carries ninety-four apartments split between studios and one-bedrooms. Residents will gain access to the 30,000 square-foot Equinox gym onsite, plus landscaped roof terrace, and bicycle storage. Some apartments come with private balconies and courtyards. Prices start at just north of $1 million, pitched as “mid-market luxury” housing. Only ten units are currently available at 196 Orchard, according to StreetEasy.

This block has certainly been through this before. Several times in the last decade, to be sure. Again, the decimated upper reaches are semi-temporarily blocked off for yet another shi-shi development.

September 2014

Recent Stories

Linkin Park’s Chester Bennington Gets a Tribute on Ludlow Street

Late Linkin Park leadman is now memorialized on the Lower East Side. Barely one month after Chester Bennington committed suicide at 41, an unknown fan stuck his image onto the facade of 159 Ludlow Street (aka 101 Stanton). The distinctive photo is itself framed by a television set and stands apart from the collage of […]

’80s Concept Bar ‘GB85’ on Rivington Street is for Sale

The 1980s-themed bar GB85 on Rivington Street is not long for the neighborhood. As next of kin for Stay Classy New York, the small concept spot is now listed for sale. Tower Brokerage was retained to represent the seller. According to the real estate listing making the rounds, the 1,300 square-foot (plus basement) space is […]

‘Factory Tamal’ Reopens in New Ludlow Street Location

Factory Tamal is now up and running in its new Lower East Side location. The tiny dispensary relocated yesterday around the corner to 34 Ludlow Street. The move comes at an unusual time, as the business just debuted five months ago. We were told by ownership that the change in scenery is due to a […]

Inside Schiller’s Liquor Bar While it’s Emptied Out [PHOTOS]

The bright yellow neons of 131 Rivington Street are now indellibly dark. Schiller’s Liquor Bar, which ended service Sunday night after fourteen years on the block, has turned out the lights. So, for the foreseeable future, load-out is in full effect. Contractors are currently dismantling and removing the remaining booze, furnishings, and kitchen equipment from […]

Uneven Ground: Is there a CB3 Double Standard Regarding Chinatown Restaurants? [OP-ED]

The following opinion piece was written by Chinatown activist, and Community Board 3 member Karlin Chan. As a member of Community Board 3, but primarily as a Chinatown resident, activist, and advocate, I cannot keep silent any further. It is disturbing to see CB3 apply different sets of rules when it comes to the SLA subcommittee’s […]