Major Construction Resumes at Long-Stagnant ‘Allen Street Hotel’

Posted on: September 19th, 2017 at 5:07 am by

Take a look at the Allen Street Hotel, now renamed The Allen. Black netting is slowly crawling up the facade as major construction work is now reactivated. Yes, those words were mentioned in the same breath as this development.

Make no mistake, either. This is a watershed event in the life of this zombie development. It’s the first real progress onsite since February 2011.

There are some additional details to share about the sixteen-story, 98-key lodge. Assuming the necessary slate approvals go through, there will also be “multiple restaurant outlets” onsite, including a rooftop cocktail bar and a restaurant on the corner of Allen and Rivington that includes a second-floor terrace and hotel restaurant/bar venue.

Below is an updated rendering of The Allen.

Photo: Kalimian Equities

We are told that the development remains on track for mid-2018 delivery, as far fetched as that sounds. For those keeping score, upon launch, it will have been ten years since the project first began. Ten fuckin’ years, if you can believe it.

The Allen Street Hotel is one of the last holdovers of the pre-meltdown era that remains incomplete. You’ll recall that the building snuck onto the scene in the eleventh hour before the 2008 zoning took hold, and slyly ascended sixteen stories. Three years later, the now-former owner D.A.B. Group allegedly ceased the necessary mortgage payments, and the property slipped into foreclosure.

Then in 2016, eight years after the first concrete pours, the properties comprising 139-141 Orchard Street sold in auction to real estate tycoon Morris Moinian and Morry Kalimian of Elk Investors. The duo paid $30.75 million for the incomplete development. Moinian is no longer part of the project, though, leaving Kalimian as sole developer.

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 […]