Real Estate

essex-crossing-gateway-2_wm

Phase 2 of Essex Crossing will Break Ground in June with More Affordable Housing

Last modified February 17, 2017 at 8:34 am

Essex Crossing is firing on all burners. Full throttle. Two of the four new buildings are topped out, with the balance reaching skyward each day; the 24-story “Gateway” (Site 2) and 242 Broome Street condos (Site 1) are currently sporting some major heft. But this is a rolling process, and, recent progress notwithstanding, sights are […]

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Streets

15orchard

15 Orchard Street Sold for $5.25M; Gallery Takes the Retail Space

Posted February 16, 2017 at 5:17 am

Last month, wholesale apparel shop T-Shirt Express was forced up the block to 29 Orchard Street. We learned at the time that the move was a function of the building being sold just weeks prior. Now comfortable in its new digs – way larger and less cluttered than the former – let’s take inventory of […]

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259 clinton st. #1

Getting Acquainted with the Wall of Glass on the LES Waterfront

Last modified February 16, 2017 at 12:12 pm

Two of three waterfront developers offered an informational session last night regarding the wall of glass planned for the coastline. Starrett Development and L+M Development/CIM Group respectively presented highlights of 259 Clinton Street and 260 South Street to the Land Use subcommittee of Community Board 3. There was a subtle feeling of defeat detectable in the […]

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Streets

Pell Street in Chinatown

Report: ‘Omens of Upheaval’ Threaten to Destroy Chinatown

Posted February 15, 2017 at 5:18 am

The subject of gentrification in Chinatown is hitting a tipping point. One need only attend a Community Board 3 meeting to witness the struggle. Residents challenging the succession of uptown style establishments at the expense of more homegrown mom and pops. Now, Steve Cuozzo at the New York Post talks about the “omens of upheaval” […]

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Streets

essex-crossing-gateway-2_wm

The ‘Gateway’ of Essex Crossing is Now Above Street Level in a Big Way [PHOTOS]

Posted February 15, 2017 at 5:11 am

SPURA Site 2 is home to the marquee property in the Essex Crossing stable, and is now above street level. Those halcyon days in the pit are done. The steel superstructure of the 24-story “Gateway” is being assembled Erector Set style, sitting roughly four stories, and gaining height and mass each day. Concrete core – […]

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cigar-vape-essex

‘Cigar & Vape’ Smoked Out of Essex Street After a Year in Business

Posted February 15, 2017 at 5:08 am

Cigar & Vape is gone, smoked out of Essex Street in swift time. The smoke shop-cum-bodega at 41 Essex lasted barely a year at this store before shuttering. News of its closure isn’t quite surprising, though. We’ve come across a pretty steady stream of real estate listings over the last few months pimping this 400 […]

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Streets

286grand-3

Brick Facade of 286 Grand Street Collapses Onto Sidewalk

Posted February 13, 2017 at 5:06 am

A little incident to report at 286 Grand Street. Friday afternoon, a section of “brick veneer” on the second floor of the building apparently dislodged and collapsed onto the sidewalk below. The area was quickly cordoned off, and Department of Buildings inspectors dispatched. The next day, a crew assembled the necessary sidewalk bridge for safety. […]

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Streets

155attorney-rentals

155 Attorney Claims to ‘Reinvent’ the Lower East Side with $4K Luxury Rentals

Posted February 9, 2017 at 5:14 am

Four years of planning, construction, stop-work orders, and late-night actions disturbing the neighbors, 155 Attorney Street is finally ready to roll. The luxury residential building is now leasing, with move-ins slated to begin on March 1. The seven-story development at 155 Attorney Street boasts 37 luxury apartments of the one- and two-bedroom variety. The most […]

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Two Years Later, Rent Hike Refugee ‘Genesis Bridal Shop’ Closes Down

Posted February 9, 2017 at 5:09 am

Genesis Bridal Shop, a mom-and-pop shop on the Lower East Side since 1983, closed its most recent headquarters not too long ago. It held down a retail presence at 309 East Houston Street since May 2015 under the updated moniker of Genesis Party Supplies. As is often the case, though, the move was not hospitable. Indeed, […]

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bari-bowery-lease

In Historic Move, Bari Restaurant Equipment is Relocating its Manufacturing off the Bowery

Posted February 7, 2017 at 5:00 am

Another big change is happening on the Bowery. And it’s indicative of the overall trend taking hold. Bari Restaurant Equipment, the eight-decade-old restaurant supplier on the Bowery, is shifting some of its resources away from the thoroughfare. The Bari family is reportedly moving the manufacturing arm of its business from the headquarters building, instead relocating […]

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Streets