Real Estate

Essex Crossing’s First Park Comes Into View on Broome Street

Posted November 21, 2017 at 5:00 am

Here is an early glimpse of the new park plaza Essex Crossing is bringing to the Lower East Side. Behind the boards at Site 5 – aka 145 Clinton Street – bones of the outdoor infrastructure are now in place. According to the weekly email update from Delancey Street Associates, this “plaza work” includes “staging […]

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Essex Street Market Warehouse Gets Demolition Death Shroud Ahead of Phase II Development

Posted November 20, 2017 at 9:50 am

More than seventy-seven years after its construction at the behest of Mayor Fiorello La Guardia, another Essex Street Market building is on death’s door. The shroud of netting and scaffolding was affixed to the facade of 140 Essex Street (aka Site 8) last week. Another piece of Lower East Side history razed; yet the end is […]

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Streets

Here’s a Map Showing How the Lower East Side Voted in the City Council Election Last Week

Posted November 17, 2017 at 5:03 am

With more than a week having elapsed since the general election, the above map plots the results of the City Council District 1 race. It was a heated campaign that saw incumbent Margaret Chin fighting for her life against the upstart Christopher Marte. Chin defeated Marte by nearly 3,000 votes to secure a third term […]

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Turning 10, ‘The Ludlow’ Matures with Renovations and Upgrades

Posted November 15, 2017 at 5:04 am

Nearly ten years on, The Ludlow was apparently looking a bit long in the tooth. It was late 2008 when the 24-story building first opened its doors, ushering in an era of luxury living in Hell Square. The upscale rental development – arguably the first of its kind in the over-saturated three-by-three square-block – entered the […]

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‘City Hats’ Relocating to East Houston Ahead of Bleecker Street Redevelopment

Posted November 15, 2017 at 5:01 am

All commercial retail is being liquidated from the northwest corner of Bleecker and Lafayette Streets, as redevelopment looms. A week after our report about the imminent relocation of Shapiro Hardware, its neighbor faces the same fate. City Hats at 63 Bleecker Street is moving operations just a few blocks south to Houston. They’ve recently inked […]

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Info Session for Essex Crossing Retail Job Opportunities

Posted November 14, 2017 at 9:46 am

The big box stores are making their way to the Lower East Side. Tomorrow, Delancey Street Associates and HireNYC are holding an information session for the community about retail employment opportunities that will come alongside a completed Essex Crossing. The overview will include enterprises such as Target, Trader Joe’s, Splitsville Lanes, Regal Cinema, and NYU Langone. While applications won’t […]

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Streets

Is Hotel Saturation Ruining New York City?

Posted November 14, 2017 at 5:15 am

Last month, the city released its Hotel Development Report outlining the influx of new hotels (citywide) since 2015. Here on the Lower East Side, in particular, 6 new lodges debuted within that timeframe and another 6 are on the way, equating to some 2,000 rooms. The trend of hotel glut served as subject for a scathing […]

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Streets

Here’s a Rendering of the Incoming Modular Housing at 330 Grand Street

Posted November 13, 2017 at 5:12 am

It didn’t take long for the two-story pastel properties at 330-332 Grand Street to fall. A matter of weeks, really. And now, there’s nothing left. The lot is primed for redevelopment. Primed for another modular housing project that will rise six stories (65 feet). The properties had been peddled on the market for at least […]

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Streets

Henry Street Settlement Breaks Ground on New Firehouse Facility it Acquired for $1

Posted November 13, 2017 at 5:00 am

The Henry Street Settlement just entered the next phase of its push to redevelop an iconic Lower East Side firehouse. Work is now unofficially underway at the long-vacant, yet historic, 269 Henry Street. The nonprofit organization held a ceremonial groundbreak to mark the occasion on Friday afternoon. Actual construction is set to commence sometime in […]

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Streets

It’s Curtains for Sunshine Cinema, as City Approves Full Demolition

Posted November 10, 2017 at 5:09 am

The Landmark Sunshine Cinema on East Houston – both the theater and its classic architecture – won’t last the winter. Plans to demolish the theater were filed with the city on Wednesday. That Davey Drill we spotted back in August was the first sign of demise… The full demolition proposed lay in stark contrast to the […]

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