Real Estate


Slumlord of 43 Essex Street Notches Stop-work and Partial Vacate Orders

Posted May 21, 2015 at 5:10 am

Earlier this month – about a week after tenants filed a harassment lawsuit against Paul Galasso – the controversial new landlord of 43 Essex was slapped with a full stop-work order. According to department of Buildings records, the compulsory halt in activity is due to illegal construction, namely un-permitted plumbing and electrical work. And on […]

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Decoding Real Estate Broker-Babble So You Don’t Have To

Posted May 21, 2015 at 5:00 am

At Boogie, we spend our fair share of time sifting through real estate listings for all manner of properties and businesses. Both on Craigslist and legit realtor sites, the broker babble employed is generally the same. So we decided to create a brief guide to help readers better understand the oft-utilized, and always-maddening lingo. Herewith, […]

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Lafayette Losses: Possible Bicycle Habitat Downsizing, 16 Handles and Iconic Cafe Close

Posted May 20, 2015 at 5:12 am

The mid-section of Lafayette Street is apparently in transition. Three particular stores on the one block between Prince and Spring are undergoing a retail shift. Of particular note is Bicycle Habitat. The 27-year-old SoHo store is operating on an extension and currently negotiating a long-term lease in order to stay at its longtime HQ (244 […]

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Mama Spa on Allen Street is Looking to Flee

Posted May 20, 2015 at 5:00 am

Mama Spa on Allen is on its way out. Just before its sixth anniversary on the Lower East Side, an oasis of calm is on the chopping block. The Mama Spa at 141 Allen Street is throwing in the towel, it seems. For the better part of the last year, a broker has been listing the […]

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Extell Begins Pouring Foundation at 250 South Street Site; West 8 Rumored Involvement

Posted May 19, 2015 at 9:21 am

For months, Extell Development Corp. has been pounding pylons for the new two-tower project at 250 South Street. A patchwork of iron beams dots the site; the beginning of the end. And now comes the first concrete of the project thus far. The foundation pouring began yesterday. Meanwhile, the rhythmic staccatto of hammering is impossible […]

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Margaret Chin Calls on HPD to Transfer Lots to Siempre Verde Garden

Posted May 19, 2015 at 5:05 am

Political support for Siempre Verde Garden grows, with Councilwoman Margaret Chin leading the way. The L-shaped pocket park linking Stanton and Attorney Streets has been fighting to stay alive since 2012 when efforts to redevelop the plots into a five-story luxury building gained ground. There had been initial support for the measure from Community Board 3 that […]

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Last Residential Holdouts in 400 Grand Street Pushed out by Essex Crossing

Last modified May 19, 2015 at 8:19 am

The freestanding tenement siblings at 400-402 Grand Street couldn’t stand a chance in the face of the game-changing Essex Crossing development. There’s just too much money at stake here. These two buildings have been ready for bulldozing since April 2014, when the city officially issued demolition permits to Delancey Street Associates, the consortium of developers […]

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Essex Crossing Etc: Site 1 Boxed Up, Essex Market South is Gone

Posted May 18, 2015 at 5:19 am

Here are some quick hits regarding the Essex Crossing project currently underway along the south side of Delancey Street… Site 1, Ludlow/Broome It only took two days for the Municipal lot on Ludlow Street to disappear. Contractors hammered the 12-foot plywood planks into place on Friday. Site 1 is now officially boxed up and ready for […]

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Entrance to Extell's 250 South St.

Here’s a First Look at Extell’s Bonkers 250 South Street Tower, Which Dwarfs the Manhattan Bridge

Posted May 18, 2015 at 5:05 am

It’s a full court press by Extell across the city skyline, from One57 to the 1WTC-eclipsing Nordstrom Tower. A pissing contest for domination. Closer to home, however, neighbors continue to contend with the two-tower blight at 250 South Street. Incessant earth-moving and pile driving. We’ve seen the exterior renderings of the mega-phallus. Now, via YIMBY, […]

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Facing Eviction, Bowery Residents Speak Out Against Harassment by Landlord Joseph Betesh

Posted May 18, 2015 at 5:00 am

The same old tenant harassment tactics we see time and again are reportedly being employed down on the Bowery in Chinatown. Time to add Joseph Betesh (pka Milestone Equities) to the list of slumlords that are trying to toss longtime residents in favor of money. They call it “tremendous upside” in industry parlance. Betesh purchased […]

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