139 Orchard Street

Major Construction Resumes at Long-Stagnant ‘Allen Street Hotel’

Posted September 19, 2017 at 5:07 am

Take a look at the Allen Street Hotel, now renamed The Allen. Black netting is slowly crawling up the facade as major construction work is now reactivated. Yes, those words were mentioned in the same breath as this development. Make no mistake, either. This is a watershed event in the life of this zombie development. […]

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New LISA Project Mural at Allen Street Hotel is a Plug for ‘Five Points Festival’

Posted May 19, 2017 at 5:12 am

Where Tristan Easton’s ad-mural for Guess failed, another in this style is currently underway beside the Allen Street Hotel. The hoteliers reactivated a relationship with the Little Italy Street Art Project to bring street artist KaNO to the corner of Rivington Street. The new artwork is actually a plug for the inaugural Five Points Festival, a […]

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Art

Allen Street Hotel Reactivates Partnership with LISA Project for New Mural Series

Posted May 15, 2017 at 10:04 am

For the Allen Street Hotel, the Tristan Eaton mural debacle is firmly in the rearview. Now, two years later, round 2 is upon us. Back in April 2015, the Little Italy Street Art Project commissioned a Guess-integrated mural for the facade of 77-79 Rivington Street. The ad-art, dubbed “Big City of Dreams,” was still in […]

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Despite $30.75M Sale of Allen Street Hotel, the Abandoned Eyesore Remains a Disgusting Toilet

Last modified August 11, 2016 at 1:10 pm

After a drawn-out foreclosure process wrought with drama and years sitting vacant, the sixteen-story eyesore known as the Allen Street Hotel is finally under new ownership. The properties comprising 139-141 Orchard Street sold in auction this past May to real estate tycoon Morris Moinian and his partner Morry Kalimian of Elk Investors. The duo paid $30.75 million for the […]

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Stalled Allen Street Hotel Sells in Auction for $30.75M; Moinian Father and Son Now Own Hotels Here

Posted May 11, 2016 at 5:11 am

After a drawn-out foreclosure process wrought with drama and years sitting vacant, the sixteen-story Allen Street Hotel is finally under new ownership. The properties comprising 139-141 Orchard Street sold in auction yesterday to real estate tycoon Morris Moinian and his partner Morry Kalimian of Elk Investors. The duo paid $30.75 million for the eyesore, and plans […]

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Troubled Allen Street Hotel Back on the Auction Block After Years of Arrested Development

Posted April 7, 2016 at 5:00 am

The last of the Hell Square towers to cross the finish line – the sixteen-story Allen Street Hotel – is again on the auction block. A zombie ready for rebirth. For the second time since January 2015, the creditor that seized the property from D.A.B. Group (aka Ben Zhavian) during bankruptcy proceedings seeks a buyer to finally […]

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Allen Street Hotel Lambasted by CB3 in Bid for Extension to Complete Project

Posted September 10, 2015 at 4:51 am

The Allen Street Hotel is a convoluted clusterfuck that’s more than eight years in the making. We’ve seen it all – everything from foreclosure and property sales to owner Ben Zhavian allegedly threatening the creditor’s lawyer with rape. It snuck onto the scene in the eleventh hour before the 2008 zoning took hold, and slyly […]

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Angry Developer is the Reason Why Triston Eaton Mural was Erased from Allen Street Last Week

Posted April 30, 2015 at 5:10 am

Last week, the Little Italy Street Art Project teamed up with Triston Eaton for a mural above Allen Street. Right beside the long-stalled Allen Street Hotel. The short-lived collaboration was a co-branded effort with Guess that featured one of their models. Yet it barely lasted three days. The fly-by-night erasure had been a mystery to […]

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Park Avenue Developer Bids $33M for Long-Stalled Allen Street Hotel

Posted January 22, 2015 at 5:12 am

One midtown developer is willing to pay $33 million for the beleaguered Allen Street Hotel. Unless they’re outbid. Yes, the convoluted history of the Allen Street Hotel is taking another turn toward the unexpected. At a height of sixteen stories, this zombie property, the last of five Hell Square hotels to reach completion, has been […]

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Long-Stalled Allen Street Hotel Hopes to Fetch Upwards of $30M

Posted November 5, 2014 at 10:05 am

Of the five Orchard Street hotels between Houston and Delancey, it’s the skeleton structure at number 139 that’s losing the race. While legal proceedings continue ad infinitum, this arrested development continues to rot before our eyes. Indeed, the Allen Street Hotel, as it’s called, fell into default during the downturn of 2011, and has been […]

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