Demolition

ace-hotel-bowery-demolition

Ace Hotel and the Curious Demolition Order for the Adjacent 3-Story Building on the Bowery

Posted December 22, 2015 at 5:00 am

​In two years of ongoing construction, the shade factor surrounding the Ace Hotel continues to baffle the Bowery. It’s certainly cause for concern. Especially the lack of transparency with developer David Paz (aka Omnia Group) and North Wind Group regarding underpinning/excavation-related work and the feared fallout that the overall character of Freeman Alley could suffer. […]

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Streets

bowery-development

In Demolishing Historic Structures, Developer Just Wants to ‘Preserve the Look and Feel of the Bowery’

Last modified December 18, 2015 at 8:29 am

​The developer planning a condo-hotel atop three historically significant structures on the Bowery wants you to know that they’re sensitive to the nature of the project site. Demolition of 138-142 Bowery is already underway, with construction scheduled to begin shortly thereafter. The timeline to completion of 2017 is definitely a rosy prediction. An official press […]

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Streets

bowery-buildings-demolition

Demolition Prepped for Historic Bowery Buildings, Including One from 1790

Posted December 15, 2015 at 5:00 am

Today, the bell tolls for three of the oldest buildings on the Bowery, including a butchered Federal-style row house dating back to the 1790s. The wrecking ball has admittedly been expected for many months – demolition permits were filed last May, in fact – but the welcome mat was finally rolled out yesterday. A mess […]

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Streets

50spring-tenement

KLM Equities Acquires 50 Spring for $13.7M, New Commercial Buiding Planned

Posted October 23, 2015 at 5:07 am

It’s been a little while since a pre-war tenement was torn asunder in Little Italy. Old habits die hard for developers, though. Next in line to fall is the four-story building at 50 Spring Street, which changed hands two months ago for an ungodly $13.7 million. Kinda high, no? KLM Equities is the buyer of […]

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173chrystie

Demolition Permits Filed for 173 Chrystie; 10-Story Development Coming Soon

Posted September 29, 2015 at 5:17 am

​It’s been about a year since 173 Chrystie Street changed hands for $15 million. One Yaniv Cohen of “Acmos on Chrystie LLC” purchased the property with the intention of developing a new ten-story luxury condo tower. Well, the first real step toward that goal was reached last week. The owners submitted demolition permits to the […]

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201eastbroadway-1

United Hebrew Community Buildings at 201-203 East Broadway Sold for $8.5M; Demolition Permits Already Filed

Last modified September 14, 2015 at 8:12 am

More Jewish history on East Broadway is being uprooted. Roots that date back to the turn of the twentieth century. The United Hebrew Community nonprofit organization just sold their century-old stake in the Lower East Side. A corporate entity called 201 EB Development III, LLC (owned by Daniel Wise) picked up the the former headquarters […]

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kenmare-garage-sale

DHA Capital Files Permits to Demolish the Last Parking Garage on Kenmare Street

Posted August 27, 2015 at 5:14 am

The last parking garage on Kenmare Street will fall much sooner than previously thought. DHA Capital – known on the Lower East Side for acquiring 50 Clinton Street for $28.95 million last year – dropped another $50 million on 75 Kenmare this past spring. Sentry Operation Corp. was the seller. Not sitting idle, the developer […]

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400grand-fence

Demolition of 400-402 Grand Street Begins, Because Essex Crossing

Posted July 20, 2015 at 5:18 am

Time has come today … For the demolition of two more buildings to make way for the beast of burden that is Essex Crossing. Over a year after the requisite permits were issued by the Department of Buildings, the tenement twins at 400-402 Grand Street are finally meeting their maker, so to speak. Up went […]

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Streets

50clinton-fredrik-eklund-demo

Fredrik Eklund Reportedly Fined for Tasteless Demolition Stunt at 50 Clinton Project Site

Posted June 23, 2015 at 5:14 am

Celebrity broker Fredrik Eklund spent time last Tuesday personally demolishing pieces of 50-62 Clinton Street while “dressed head-to-toe in Armani.” Eklund gained access to the project site, and manned the wheel of a backhoe while delightfully screaming to the camera. That footage was posted to Instagram, and is still live. The stunt was a low […]

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In ‘Head-to-Toe’ Armani, Fredrik Eklund Partakes in Demolition of 50 Clinton Street

Posted June 22, 2015 at 9:23 am

Why, of course 50 Clinton Street would be demolished “in style.” The takedown of the mid-block row of low-rise retail has been underway since early June, but pompous broker Fredrik Eklund needed to take a turn pissing on the ashes wielding the wrecking ball, as it were. Eklund happily boasted on Instagram last week about […]

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