Real Estate

Photo: Mike Hong

‘Chinatown Art Brigade’ Takes a Stand with Anti-Gentrification Projections [INTERVIEW]

Posted September 30, 2016 at 9:33 am

“Gentrification is Modern Colonialism,” read the illuminated stencil above the corner of Chrystie and Grand Streets. That was but one message that traveled through the neighborhood last Saturday night. These rather straightforward projections come courtesy of the Chinatown Art Brigade, which roams the namesake area armed with a light projector and a mantra of anti-gentrification. We […]

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Streets

Photo: Google Maps

De Blasio Wants to Remedy Rivington House Scandal with Senior Housing Development on Pike Street

Posted September 30, 2016 at 5:00 am

Mayor de Blasio hopes that the key to escaping the Rivington House scandal is an olive branch of senior housing. Indeed, Hizzoner announced yesterday – while his deputy Tony Shorris was being grilled by City Council – a proposal to replace those services lost in the $116 million sale into condos earlier this year. The […]

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Streets

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Local Groups Protest Margaret Chin’s Alleged Refusal to Protect the LES Waterfront

Posted September 29, 2016 at 5:14 am

The Coaltion to Protect Chinatown and the Lower East Side is turning up the heat against Councilwoman Margaret Chin, who, the group alleges, is refusing to back the full Chinatown Working Group (CWG) Rezoning Plan. The herculean undertaking was planned in response to the 2008 rezoning which left out large portions of downtown. (The argument […]

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This Bowery Building with Invader Mosaic Traded for $9.8M

Posted September 28, 2016 at 5:12 am

The six-story building at 84 Bowery in the Chinatown diamond district just traded hands for $9.8 million. A “private investor” purchased the property from Richard Shongut Realty Corp; the paper trail is not public. The transaction comes with the admission that the investment opportunity won’t yield suitcases full of cash in the immediate future. Indeed, it’s […]

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Streets

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Report: Deputy Mayor to be Grilled by City Council Over Rivington House Debacle

Posted September 28, 2016 at 5:10 am

First deputy mayor Tony Shorris will testify tomorrow before City Council regarding his role in the whole Rivington House debacle. This is a big deal. The $16.1 million deed lifting that led to a $116 million flip job into luxury condos by the Allure Group is still festering as problem for the de Blasio administration. Politco has the […]

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Completion of Long-Delayed Pier 35 is Nowhere in Sight

Posted September 28, 2016 at 5:00 am

“It’ll be at least another year before Pier 35 is finally complete,” read one of our headlines in July 2015. Those words still ring true today, as there really aren’t any updates to speak of. So, here we are, more than five years behind schedule with nothing to show for it except a footbridge, half-built […]

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Ten Years on, this Lafayette Street Advertecture is Dismantled for New 10-Story Commercial Building

Posted September 27, 2016 at 5:10 am

The decade-old advertecture on the site of the former Jones Diner, 363 Lafayette Street, is coming down. Workers were spotted yesterday dismantling the skeleton framework, first erected in early 2007 to pimp the iPod. With good reason. The irregularly shaped sliver of land is to sprout a luxury office building. Olmstead Properties, which has owned […]

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Photo: JDS Development

JDS Champions Affordability with its 1,000-Foot Luxury Tower on the LES Waterfront

Last modified September 27, 2016 at 9:13 am

It was standing room only last night in Two Bridges, and not for a screening of the Clinton-Trump debate. Rather a community meeting about the incoming 1,000-foot residential tower at 247 Cherry Street brought to the area by JDS Development and SHoP Architects. The assembly itself was civil, albeit tense. How could it not be? […]

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Photo: Joan Vipper

Red Square Lenin Statue will Probably Return to the LES Skyline Next Month

Posted September 26, 2016 at 9:23 am

The iconic statue of Vladimir Lenin that sat atop Red Square for 22 years has a new home. As first reported here last week, the communist leader will again greet the masses from the roof of 178 Norfolk across the street. The eighteen-foot Lenin will return to the skyline in short order. The Villager has it […]

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Second of Four New Essex Crossing Towers Tops Out at 15 Stories

Posted September 26, 2016 at 5:00 am

For the first time in almost fifty years, the vacant lots along Delancey Street are buzzing with new life. Yep. It’s milestones galore for the Essex Crossing mega-project this month, construction of which is progressing rather steadily. Now, another. A month after the senior housing tower was capped at Site 6, its neighbor across the street […]

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