Real Estate

Photo: Jmeyers44

5 Arrested in Connection to the Fatal Second Avenue Explosion, Including Landlord [UPDATED]

Last modified February 11, 2016 at 12:33 pm

Justice is coming. Nearly a year later, the city is finally charging those responsible in the deadly Second Avenue Explosion last March. Five people were arrested this week in connection with the blast – building owners Maria Hrynenko and her son, Michael, plumber Jerry Inonandis, and general contractor Dilber Kukic are each charged with second degree […]

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Extell’s 80-Story Behemoth on South Street Ascends Past Plywood Threshold

Posted February 11, 2016 at 9:28 am

​Down at the Extell waterfront site – aka One Manhattan Square – the first real sign of doom is now visible. Supports have just crossed the plywood threshold. Indeed, the pile-driving ceased and superstructure construction is no longer relegated to the depths of the pit. We now see the beginning of the end. The building currently boasts […]

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Germania Bank Building Shows off New Windows on the Bowery

Posted February 11, 2016 at 5:19 am

​The Germania Bank Building is another leap closer to its sanitized vision. Most of the progress at 190 Bowery is hidden behind construction materials. Until this week, when half its scaffolding was carted away. It took some three months, but all the replacement window glass is now in place. Down on street level – the Spring […]

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‘Peace Pentagon’ Stores on Lafayette Street Vacated Ahead of Demolition and Redevelopment 

Posted February 11, 2016 at 5:12 am

Earlier this month, the historic Peace Pentagon on Lafayette Street was given its final marching orders. Namely, that all ground-level stores must vacate by the end of the month. Just like that, a handful of small businesses are forced out. Blame multi-millionaire real estate baron Aby Rosen (aka RFR Realty), who purchased the long-troubled property […]

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Newest LES Hotel Reveals Itself on Broome Street

Posted February 9, 2016 at 5:12 am

​263 Broome Street has been born again hard as a trendy boutique hotel. Over the weekend, workers finally removed the mess of nets and ironwork from the seven-story superstructure. It’s gone commando, and further pimped by a tacky yellow spotlight scheme for nighttime hours. There it is… The as-yet-unnamed lodge occupies seven floors and boast […]

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What it Looks Like to Destroy 200 Years of Bowery History for an 8-Story Condo-Hotel

Last modified February 10, 2016 at 12:48 pm

This here is what it looks like to destroy two hundred years of local history at 138-142 Bowery. Two months after the arrival of demolition scaffolding, the row of historic structures, part of which dates back to the 1790s, is being dismantled as we speak. Despite the pair of partial stop-work orders issued last week […]

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Alice Cancel, Photo: Zack Fink

Stringer Staffer Alice Cancel Chosen as Sheldon Silver Successor in State Assembly

Posted February 8, 2016 at 5:12 am

The heir to the (downtown) throne has been chosen. District leader – and Stringer staffer – Alice Cancel was picked yesterday to succeed the disgraced former Assembly Speaker, Sheldon Silver, in the 65th Assembly District. Yuh-Line Niou had been favored by comptroller Scott Stringer, but rivals revealed last week she technically doesn’t meet the State’s […]

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CitizenM Hotel on the Bowery Hit with Stop-Work Order for Worksite Safety Issues

Last modified February 5, 2016 at 10:04 am

While the CitizenM hotel ascends to great heights (i.e. 19 stories) at 185 Bowery, it’s the neighbors who suffer most. Day in and day out, the congestion at the corner of Delancey disrupts not only sidewalk flow and sleep, but motor traffic. Blame constant blockages and deliveries. Well, the lack of oversight we’ve noted at […]

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Proposal for 348 Lafayette St.

LPC Rejects Aby Rosen’s Modifications to Former Women’s Shelter at 348 Lafayette

Posted February 5, 2016 at 5:16 am

​You may have noticed the orange fencing atop 348 Lafayette Street (aka 11 Bond). That’s an illustrative mockup of the rooftop addition proposed by real estate magnate Aby Rosen in his bid to convert the former 43-bed women’s shelter into a luxury commercial complex. You’ll recall that Rosen purchased the 1913-vintage building last summer for […]

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Yuh-Line Niou and John Quinn of LES Dems, Photo: Facebook

Frontrunner for Silver’s Assembly Seat Ineligible to Run, Rivals Allege

Posted February 4, 2016 at 9:27 am

The race for the hotly-contested Assembly seat left vacant by the disgraced former speaker, Sheldon Silver (convicted on federal corruption charges), is intensifying. Contenders and their respective bases are running around like a chicken with its head cut off. Now comes word that one of the frontrunners for the 65th Assembly District vacancy might not […]

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