113 Stanton Street

Vintage Store ‘Round Two’ Breaks Ground on Stanton Street

Posted August 3, 2017 at 5:00 am

There is finally a permanent tenant for the retail space at 113 Stanton Street, a year after longtimer Las Venus was forced from the block. This one is a “secondhand shop” from Los Angeles, by way of Richmond. Indeed, we’re told that streetwear retailer, Round Two, is opening a Lower East Side outpost. It’s their first […]

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Mahfar Irks Embattled Residents with Rowdy Pop-Up ‘Club’ in Former Las Venus Space

Last modified March 22, 2017 at 4:20 pm

Samy Mahfar is looking to plug the storefront vacancy at 113 Stanton Street. Neighbors didn’t like what happened there last night, though. You’ll recall that Las Venus relocated back in May 2016 after more than twenty years on the Lower East Side. This business was pissed away for a vacancy that has been sitting warehoused […]

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Toledano Tenants Hold Banks Accountable for ‘Predatory Lending’ to Slumlords

Last modified December 10, 2016 at 5:16 pm

Predatory Equity: the harmful practice of investing equity to buy rental apartment buildings at inflated prices. Predatory equity investors calculate that they can replace poor and working people with new tenants willing to pay much higher rents—thus bringing higher profits in a hurry. Utilizing predatory equity is one of the main tools in the slumlord […]

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After Years of Harassment, SMA Equities Pimps ‘Penthouse’ Offering at 113 Stanton for $8K

Last modified March 15, 2017 at 10:07 pm

This is the epilogue of a well-tread story about how rent regulated tenants are exploited for the future value of gentry. Same old shit for the one and only Mr. Samy Mahfar. SMA Equities purchased 113 Stanton Street back in 2014, and spent the ensuing two years renovating the upstairs units and roof. All at […]

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Bounced Between 2 Slumlords, ‘Las Venus’ Flees the LES After More than 20 Years

Posted May 23, 2016 at 5:00 am

One of the most controversial landlords on the Lower East Side – SMA Equities – finally gets its way at 113 Stanton Street. Vintage furniture shop Las Venus – on the Lower East Side for some two decades – is now gone from the commercial space. Just call it a tale of two terrors. First, with Ben […]

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Mahfar Tenants at 113 Stanton Street Sue SMA Equities for Toxic Lead Levels 200 Times Legal Limit (Plus Asbestos)

Posted March 2, 2015 at 5:00 am

Oh, shit. Here we go again. For the second time in the last few years, battle-hardened tenants of an SMA Equities (aka Samy Mahfar) property on the Lower East Side are taking legal action. Those dwelling in 113 Stanton Street filed a lawsuit against the controversial landlord in New York City Housing Court on February […]

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Illegal Work and Looming Con Edison Service Termination Worries Mahfar Tenants of 113 Stanton

Posted January 9, 2015 at 5:21 am

It doesn’t matter that Samy Mahfar (aka SMA Equities) seems poised to let Con Edison service lapse during this bone-chilling cold spell. It also doesn’t matter that SMA sent a notice to 113 Stanton Street that the boiler and water will be shut for “more work.” Nor does it matter that said renovations, which just […]

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Con Edison May Terminate Service to 113 Stanton Street Thanks to Landlord Samy Mahfar

Posted January 6, 2015 at 5:20 am

There is enough dirt on controversial real estate baron Samy Mahfar to fill the lot of converted luxury apartments he creates. Time to shovel more… Indeed. It appears that Con Edison is a week from shutting power to 113 Stanton Street, the five-story tenement Mahfar purchased last year for $5.25 million. A notice was taped […]

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Samy Mahfar Spent $5.25M to Acquire 113 Stanton Street

Last modified October 16, 2014 at 11:53 am

Samy Mahfar is now the proud owner of 113 Stanton Street. And the longtime residents couldn’t be more pissed. As we reported last month, the tenants anticipated the sale and already organized a defense force in anticipation of the likely luxury conversion. It took a few weeks for the purchase price to go live, though. […]

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Controversial Landlord Samy Mahfar Closes on 113 Stanton Street

Posted September 25, 2014 at 5:57 am

Here we go again. Controversial landlord Samy Mahfar officially closed on 113 Stanton Street Tuesday, as expected. The victorious owner – under the SM Stanton LLC corporate shell – dropped an undisclosed sum to acquire the five-story tenement building. Tenants are legitimately pissed, as you might imagine. And why not? Just look at the track […]

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