Real Estate

The now-closed Pathmark Pharmacy, October 2012

Developer Sues City for $50M Over Pathmark Pharmacy Site on Cherry Street

Posted December 18, 2014 at 10:11 am

We’re drowning in riverside drama. While Extell Development Company clanks away at its monstrous two-tower development at 250 South Street, the adjacent property on the eastern flank is going through its own growing pains. The current lessee of the city-owned parcels comprising 235-247 Cherry Street – formerly the Pathmark Pharmacy – is now suing the Housing […]

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grenco-science-delancey

Grenco Science Opening a Vaporizer Pop-Up Joint at 101 Delancey Tonight

Posted December 18, 2014 at 5:39 am

The Lower East Side is about to unveil another vaping location, albeit temporary. Window leafing in the corner store at 101 Delancey indicates that Grenco Science is poised to open a pop-up vaporizer dispensary here. Expect to find a variety of weed friendly “pens” and accessories like chargers and flavor “tanks.” In a sign of […]

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139bowery

11-Story Mixed-Use Tower is Planned for 139 Bowery

Posted December 18, 2014 at 5:00 am

New developments in the Bowery lighting district are becoming more commonplace these days. The frequency of property transactions and building renovations seems more frantic than in the past. Just look at what happened at 134-142 Bowery, which collectively netted $45 million last month. Computer printouts on the ground level of 139 Bowery just across the […]

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Streets

204forsyth-2

The 7-Story Condo Atop the Nativity Mission on Forsyth Street is Proclaimed ‘Edgy Refinement East of SoHo’

Posted December 17, 2014 at 5:35 am

The full foundation is not even poured, and already the buzzards are circling the carcass of the former Nativity Mission School on Forsyth Street. Interior renderings for the eleven-story replacement tower are presently making the rounds, uploaded this week to social media by celebrity broker Fredrik Eklund. There is also a new splash page for […]

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35cooper-dorm

The Federal-Style Row House at 35 Cooper Square was Razed for this Crappy Dorm

Posted December 17, 2014 at 5:00 am

The rich cultural history of 35 Cooper Square concludes with the reveal of its brooding gray replacement. Almost four years later, we’re now stuck with this eyesore of a dorm, courtesy of developer Arun Bhatia. The new thirteen-story building will house students from Marymount Manhattan College once completed. For almost two hundred years, a Federal-style […]

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Streets

amato-lettering-gone-2

Amato Opera House Lettering is No Longer on the Bowery

Posted December 16, 2014 at 9:28 am

The disheveled, remnant evidence of the Amato Opera House at 319 Bowery is now wiped from public view. Within the last month or so, onsite renovations ahead of luxury conversion resulted in the removal of the iconic lettering. Controversial landlord Steve Croman obtained permits from the Department of Buildings in October to transform this haunted beauty […]

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Streets

86-88 Clinton St.

88 Clinton Street is Ready for Its 4-Story Vertical Enlargement

Posted December 16, 2014 at 5:00 am

There’s just so much upscaling on Clinton Street these days, what with all the recent property sales in the multimillion-dollar range. It’s open season, for sure, and the character of this former frontier is forever changing. Both 86-88 Clinton Street are still on course for total transformation; renovations have been underway at both properties since […]

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255bowery-update

Karl Fischer’s 255 Bowery Marches Toward ‘Luxury Boutique Living’

Posted December 15, 2014 at 9:33 am

Shortly after its big reveal over the summer, the project site at Karl Fischer’s 255 Bowery went quiet. Its facade left in a pre-completed skeletal state. Work resumed a few months later, though, and we are now seeing the final touches applied to the seven-story product. It’s a mass of steel and glass that complements the […]

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Streets

blue-moon-1

Blue Moon Hotel on Orchard Street Raises Asking Price Again, This Time to $21M

Last modified December 15, 2014 at 9:40 am

The Blue Moon Hotel is a lesson in real estate pricing. Know the value of the property before asking for the farm. In this case, the boutique hotel at 100 Orchard Street has been on the chopping block countless times in the last decade (the first listing was in 2005 for $20 million) for a […]

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sanitation-pike-1

Department of Sanitation Unveils ‘Safe Disposal’ Center for Harmful Household Waste

Posted December 12, 2014 at 5:39 am

The Department of Sanitation foothold on Pike Slip at the base of the Manhattan Bridge recently experienced a makeover. This, of course, is a base of operations where the city agency maintains a salt silo for battling winter storms. However, as of last month, there is now a more resident-facing function onsite. A new “Household Special […]

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Streets