Real Estate

249broome-retail

After $12.3M Sale, Longtime Chinese Laundromat Forced from 249-251 Broome Street

Posted May 24, 2016 at 5:17 am

The reliable Sun Kwong Laundromat at 251 Broome Street was given its marching orders last week. Alas, its final day serving the neighborhood is tomorrow (May 25). There is a sign on the front door alerting patrons that the business lost their lease. The laundromat kept the area in clean clothes for more than a decade, and […]

Filed Under

belraf-closing

Bloodbath in the Bargain District: 3 More Discount Vendors on Orchard Street Bow Out

Posted May 24, 2016 at 5:13 am

It’s a bloodbath in the former “Bargain District.” Three old school apparel vendors are on the way out. All in quick succession. The second coming of Giuseppe Uomo ended earlier this month. But the closure is actually a year in the making. The store closing signs first appeared at 130 Orchard Street around this time last […]

Filed Under

extell-may-2016

Extell’s ‘One Manhattan Square’ Project Pegged for Q3 2019 Completion

Posted May 24, 2016 at 5:00 am

One Manhattan Square, the eighty-story skyscraper (823 feet) on South Street brought to you by Extell Development Corp. is on track for completion in the third quarter of 2019. At a construction rate of approximately one floor every three days, plus the enclosure and fit-out, the project is still more than three years from out. Domestic […]

Filed Under

Streets

rivington-house-entrance

Rivington House Roundup: More Administration Officials Knew About the Deal, but Mayor Still Denies

Posted May 23, 2016 at 5:13 am

How is it that several in his inner circle knew about the shady Rivington House deed deal, except for Mayor de Blasio himself? It seems like every week another headline is written claiming a “top aide” possessed knowledge of what was happening, namely that the deed to keep the space a nonprofit would be lifted for […]

Filed Under

Lv2-stanton-1

Bounced Between 2 Slumlords, ‘Las Venus’ Flees the LES After More than 20 Years

Posted May 23, 2016 at 5:00 am

One of the most controversial landlords on the Lower East Side – SMA Equities – finally gets its way at 113 Stanton Street. Vintage furniture shop Las Venus – on the Lower East Side for some two decades – is now gone from the commercial space. Just call it a tale of two terrors. First, with Ben […]

Filed Under

275South-rendering

Lands End I Rebranded ‘275 South’ with Luxury Amenities and Remodeled Apartments

Posted May 20, 2016 at 5:11 am

It’s no longer Land’s End I. That designation is over. Hereafter, you are to call it simply 275 South. After all, it needs to fit its description as a “modernist 19-story full-service apartment rental building in the Two Bridges neighborhood of Manhattan’s Lower East Side.” Fresh off boasting about the exterior makeover coming to 275 […]

Filed Under

Streets

allen-bathhouse-abatement-1

Allen Mall Bathhouse Begins Asbestos Abatement Ahead of RFP for Snack Stand Conversion

Posted May 20, 2016 at 5:00 am

Holy shit! For the first time in Lord knows how long, there’s finally some definitive movement inside the decades-old Allen Mall Bathhouse. Stop the presses. Yesterday morning, several contractors were seen clearing out the former bathroom stall. Asbestos abatement activities, according to the men working the job. This is a watershed moment, undoubtedly the opening […]

Filed Under

pirch-lafayette-1

Experiential Luxury Home Retailer ‘Pirch’ Debuts SoHo Flagship this Weekend

Posted May 19, 2016 at 5:18 am

One of the largest buildings on the southeastern fringe of SoHo – 200 Lafayette Street – just got a significant retail makeover. San Diego-based luxury home retailer Pirch recently completed renovation on the monstrous corner spot, its first in the northeast (i.e. flagship). It had been under the knife for about a year. Pirch is an […]

Filed Under

70hester-2016

Original Home of Roumanian-American Synagogue on Hester Street Sells to Brazilian Developer for $5.9M

Posted May 19, 2016 at 5:10 am

The original home of the First Roumanian-American Synagogue at 70 Hester Street (designed by Frederick Jenth in 1881) finally sold this month after an extended period on the open market. A few years after the first listings first surfaced, Brazil-based real estate developer Eduardo de Souza Ramos of Cerfco Participações acquired the three-story building for $5.9 million. […]

Filed Under

136ludlow-comfort-inn

Rumor: Soho House Acquires Comfort Inn at 136 Ludlow for $16M

Posted May 19, 2016 at 5:00 am

Soho House is making a huge splash on the Lower East Side. The high-end members only club muscled its way onto Ludlow Street, purchased the former Nieberg Funeral Home (#139), then made sure it wasn’t landmarked by the city. Current plans are to open the swanky spot – named Ludlow House – by the end […]

Filed Under