Real Estate

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With 7-Story Condo on the way, Death Finally Comes to the Last Garage on Kenmare Street

Posted August 30, 2016 at 5:12 am

The last parking garage on Kenmare Street closed at the end of June and is already under the knife. Time has come. The gift box wrapping of nets and bars arrived last month, alongside announcements of the requisite rat baiting throughout the premises. After just a week of demolition activity, the the top floor is dismantled. […]

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Mapping Vacant Stores to Show How ‘High Rent Blight’ is Killing the City

Posted August 29, 2016 at 5:12 am

Warehousing. High rent blight. Store for rent. Call it what you want, but it’s a big problem in a city that so eagerly tosses its working class, mom-and-pop establishments into the proverbial gutter, in favor of high-paying corporate chains. It’s something that the Lower East Side, but the city at large, grapples with to a […]

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Germania Bank Graffiti Scrub Nearly Complete on the Bowery [PHOTOS]

Posted August 25, 2016 at 5:17 am

So, that’s the natural color of the Germania Bank Building. The month-long effort to blast away decades of soot-stained grit and graffiti from the 1898 facade is nearly complete. Onsite activity seems to be winding down. Since the beginning of July, men in jumpsuits have been cleaning the exterior on a daily basis, either by sky-high […]

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Streets

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Adjacent Commercial Developments Break Ground Simultaneously on East Houston Street

Posted August 25, 2016 at 5:07 am

Whatever period of respite the Houston Street corridor above SoHo may have enjoyed these past few years (remember the station connection project?), it’s now over. The thoroughfare has just returned to a massive construction zone thanks to a pair of simultaneous commercial developments now underway. The gas station-to-offices complex at 300 Lafayette Street got its first […]

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Icon Realty Picks up Elizabeth Street Tenement that Martin Scorsese and Debbie Harry Backed for Landmarking

Posted August 25, 2016 at 5:00 am

Hated landlord Icon Realty just picked up a tenement building on Elizabeth Street in Little Italy. A property that tenants have been trying to landmark for the last several months, and with support of Debbie Harry and Martin Scorsese. So, definitely bad news on both fronts: for tenants and the preservation. The transaction is not […]

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For the Old Silver Monuments on Stanton Street, a Temporary Touch of Clairvoyance

Posted August 24, 2016 at 5:11 am

From death to clairvoyance. Having suffered exactly one year of dormancy, the former Silver Monuments tombstone shop on Stanton Street returns to life. Albeit as a fake psychic shop for a scene in Blue Bloods. The neon sign arrived in the windows of 125 Stanton Street Monday afternoon, throwing several readers for a loop. How could […]

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11-Story East Houston Condo Gears up with New Sales Office on Essex

Posted August 24, 2016 at 5:10 am

Pit status notwithstanding, big pimping begins for 287 East Houston. Condos in this new eleven-story development are slated to go live any day now, so the powers that be are gearing up for the pitch. A new sales office is already in the offing upstairs at 123 Essex Street, a space familiar with such uses. […]

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‘Gateway’ to Essex Crossing Begins with this Enormous Tower Crane

Posted August 23, 2016 at 5:15 am

More milestones for the Essex Crossing mega-development. Last week, it was the capping of fourteen-story senior housing at Site 6; this week, its the erection of a new tower crane on Site 2 (aka 115 Delancey). The component parts had been stowed here for the better part of the last month, but not assembled until […]

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Photo: EV Grieve

Rally Today to Protest East 11th Demolition for Marriott’s Moxy Hotels

Posted August 22, 2016 at 10:30 am

Lacking moxie, Moxy is about destruction. Indeed, parent company Marriott hotels, vis-a-vis landowner Lighthouse Group, is about to raze a half-block of East Village history to construct a 300-room lodge geared specifically toward millenials with disposable income. That’s Moxy. Word of its inroads into the neighborhood first started circulating in February 2015. Now, a year-and-a-half […]

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History Made: The First of Four New Essex Crossing Buildings Tops Out at 14 Stories

Posted August 18, 2016 at 5:00 am

Essex Crossing just reached a milestone. The flag is mounted… For the first time in decades, since the federally-backed “slum clearance” of 1967 removed all trace of housing from the Seward Park Urban Renewal Area, the skeleton of a new building sits on the corner of Clinton and Delancey Streets (aka 175 Delancey). The concrete superstructure officially […]

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