Real Estate

wd50-closing

WD-50 Countdown: Demolition Permits Filed for 7-Story Condo Tower on Clinton Street

Posted November 21, 2014 at 6:03 am

WD-50 is slated to conclude its decade-long presence at 50 Clinton Street in just over a week (November 30). Demolition of the entire row of quaint commercial stock will transpire soon thereafter. Indeed, the former 1492 has already been boarded up with dismantling activities transpiring behind the plywood shroud. Demolition permits were issued earlier this […]

Filed Under

321grand-gallery

The Pink Building on Orchard Street Adds Two Galleries to its Ranks

Posted November 20, 2014 at 6:08 am

For Waterbridge Capital, which shelled out $27 million for the Orchard Street Pink Building, it’s all going to plan. Boot the commercial tenants in an effort to attract more well-heeled tenants and clientele. Modern Decor and Cellini Uomo were forced from the premises over the summer, and the two spaces sat on the market for months […]

Filed Under

Streets

holiday-inn-verizon-1

Holiday Inn on Delancey Adds Verizon Wireless Outpost on Ground Floor

Posted November 20, 2014 at 6:00 am

In which a corporate hotel begets a corporate commercial tenant. The Holiday Inn at 150 Delancey – brought to the neighborhood by Sam Chang and starchitect Gene Kaufman – is finally filling its ground level retail space. It had been an empty storeroom ever since the lodge debuted in March 2013. This week, however, the […]

Filed Under

delancey-median-1

New Traffic Median and Stop Signs Debut in the Intersection of Delancey and Pitt

Posted November 20, 2014 at 5:16 am

More Vision Zero news today… The Department of Transportation began the implementation of its four-pronged plan two weeks ago in an effort to enhance safety in the intersection of Delancey and Pitt Streets. Community Board 3 had provided its approval back in July. The most significant safety improvement was installation of the concrete median island […]

Filed Under

190bowery

Report: Aby Rosen is Already Trying to Flip Graffiti Covered 190 Bowery

Last modified November 19, 2014 at 4:15 pm

This past September, blockbuster news came down the Bowery that the Germania Bank Building was in contract to real estate magnate Aby Rosen. His company – RFR Realty – had been marketing the 38,000 square-foot property since August. Even though it’s still believed that RFR hasn’t closed on the 1898 landmark just yet (and rumors that […]

Filed Under

Streets

179Ludlow-1

Sales and Renderings Launch for Ludlow Street ‘Rat Castle’

Posted November 18, 2014 at 6:04 am

The official website and sales for the Ludlow Street “Rat Castle” are finally live. For the last few months, the vanity URL pointed directly to the broker repping sales for the property – Ariel Tirosh of the Elliman Group. New interior renderings are included alongside the standard issue broker babble. What’s most notable is that this […]

Filed Under

77bowery-eastwest

77 Bowery Currently Up for Auction with Opening Bid of $5.5M

Posted November 17, 2014 at 6:00 am

The seven-story East West Bank building on the Bowery is amidst a transitional period in its life span. Jonathan Zamir’s Keystone Equities purchased the commercial office building in December 2012 for $20 million, and is now selling it off piecemeal. The ground level condo went to a “private investor” back in June for $12.5 million. It […]

Filed Under

Streets

karaoke boho vestibule

Ben Shaoul Plans 10-Story Mixed-Use Building at 196 Orchard Street

Last modified November 14, 2014 at 5:19 pm

And it begins. More fuckin’ Orchard Street construction on the way… Ben “Sledgehammer” Shaoul and his Magnum Real Estate empire are preparing the much-anticipated development at the corner of East Houston and Orchard Streets. You’ll recall that the controversial landlord acquired the corner properties earlier this year for an undisclosed amount. Shaoul filed the permit […]

Filed Under

A future park on Broome St.

CB3 Approves Designs of Essex Crossing Park on Broome Street

Posted November 14, 2014 at 5:00 am

You’re looking at the nearly-final rendering of the park planned for SPURA Site 5 of the Essex Crossing development. Once the historic firehouse at 185 Broome Street is razed in the coming months, the consortium of developers that comprise Delancey Street Associates will install its “urban oasis” in the 200-by-77-foot parcel carve out. To that end, […]

Filed Under

134bowery-scaffold

$45M Bowery Transaction Pushes New York Lighting Two Doors Down

Posted November 13, 2014 at 5:00 am

Things are moving fast down at Bowery and Broome, where a block of five buildings recently sold for $45 million. The 75,000 square-foot “development site” had been pitched for over a year, but the transaction finally went through last month. 134-142 Bowery, including a pair of eighteenth century Federal-style row houses, is now in the […]

Filed Under

Streets