Up Against Essex Crossing, this Tenement is Now on Market as ‘Development Site’
Literally up against Essex Crossing, the through-block tenement at 83 Essex Street (aka 90 Ludlow) remains on the market as the proverbial “development opportunity.”
Grand Success Realty (Tzippy Wexler) and Bowery Management (Daniel Fong) partnered to rep this 4,170 square-foot property, and have been doing so for at least the last seven months. No takers to date.
According to a media advisory, Wexler and Fong are “getting ready to finalize bids coming due the first week of January 2018.”
The building sits directly adjacent to Site 1 of Essex Crossing, a mixed-use development that brings with it condos, the International Center of Photography, and Splitsville Lanes bowling alley.
This is probably just the beginning of a potential chain effect. Don’t be surprised if there’s a major property sell-off once more of Essex Crossing goes on line.
83 Essex Street is a commercial property that predominantly acts as storehouse for street vendors and their cooking trailers.