Real Estate

LES Community Group Slams CM Chin for Colluding with Developers, Demands She Step Down

Last modified April 26, 2017 at 2:23 pm

The Coalition to Protect Chinatown and the Lower East Side is demanding that Councilwoman Margaret Chin step down. The grassroots organization, which counts more than a dozen other local groups in its ranks, claims that the politician is firmly in the pocket of big-money developers. That’s not a stretch, either. One need only have attended […]

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Streets

9-Years-Stalled ‘Allen Street Hotel’ Back from the Dead with New Renderings (and Window Panels)

Posted April 26, 2017 at 5:14 am

Against the odds, one of the longest stalled projects on the Lower East Side – it should be a punchline – just returned to life. Back from the dead, it seems, the sixteen-story Allen Street Hotel now has some new flair to discuss, the first real progress onsite since February 2011. This single window panel on the […]

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Streets

‘Galerie Perrotin’ Opens at Orchard Street’s Beckenstein Building Tomorrow

Posted April 26, 2017 at 5:04 am

Over at 130 Orchard Street, gone is the plywood and daily train of dumpsters at curbside. This gallery is ready to roll. Only partially complete – construction has been ongoing since the fall – the ambitious new outpost of Galerie Perrotin debuts tomorrow at the Beckenstein building on Orchard Street. The ground floor of the five-level showroom […]

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12-Story Cantilevered Condo at 100 Norfolk Undresses to Reveal its Glass

Last modified April 26, 2017 at 9:26 am

‘Tis the season for disrobing … for several neighborhood project sites. The latest is the 12-story cantilevered condo development at 100 Norfolk Street, which began the piecemeal removal of scaffolding yesterday. Underway since early 2013, the multimillion-dollar residential development rivals its neighbor Blue for most assaulting on the eyes. (Guess that’s what happens when there’s “little […]

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Report: Big Real Estate Against City Council Tenant Advocate Bill that would Curb Construction as Harassment

Last modified April 25, 2017 at 7:41 pm

Last week, the City Council’s Committee on Housing and Buildings considered more than a dozen tenant-friendly bills that would provide protection from landlord harassment. Yet, one in particular, code-named Intro. 1523, drew the most attention, as it would carve out a new position within the Department of Buildings with the purpose of weighing tenants’ welfare […]

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7-Story Condoplex at 50 Clinton Street Reveals its Brick Facade

Posted April 25, 2017 at 5:04 am

Three years after Icon Realty sold its parcels at 50-62 Clinton Street to DHA Capital – it was a record $28.95 million transaction – the development it spawned now boasts some visible definition. Yesterday afternoon, the netting on the south side of the building was deposed to reveal the new masonry. Once complete, the luxury […]

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Here’s a Very Different Look at the 14-Story Commercial Condo Coming to Pike and East Broadway

Posted April 24, 2017 at 5:10 am

Some serious height is coming to a bustling corner of East Broadway in Chinatown. The former home of a Mobil gas station, 2 Pike Street – nay, rebranded as 100 East Broadway – will soon be reincarnated as fourteen stories (180 feet) of glassy commercial condos (“boutique office condominium”). The single level convenience store of […]

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Draft Environmental Review Doesn’t Take into Account Effects of 3 LES Waterfront Super-Talls, CB3 Says

Posted April 21, 2017 at 5:00 am

The Department of City Planning this month issued its initial review of the overall impact that three mega-developments on the Lower East Side waterfront – composed of 2,700 rentals and condos – will have on the surrounding community. The Land-Use subcommittee of Community Board 3 met this week to discuss the city’s assessment of the […]

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Streets

Billboard Operator ‘Lure Outdoor’ Takes Store Beside xCubicle on Essex Street

Posted April 20, 2017 at 5:11 am

xCubicle downsized its videogame repair shop last July, having shuffled over to the adjacent (and adjoining) space on Hester Street. The move was a concerted push to ditch the retail and refocus efforts on servicing equipment, the original vision of the business when it first got its start in 2008. The downsizing left behind a tiny, […]

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Streets

3 Years Later, One of the Priciest LES Condo Developments Revealed on Forsyth Street

Posted April 19, 2017 at 5:12 am

It was three years ago – an eternity – when the Nativity Mission School at 204 Forsyth Street was razed in the name of luxury living. The self-proclaimed “edgy refinement” of the replacement structure is now in full view. Down came the scaffolding and netting earlier this week. Gone also is the external boiler system […]

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