Real Estate Listing

151ludlow-inutilious-retailer

Reader Report: 151-153 Ludlow Changes Hands, Fate of Stores Hangs in the Balance

Posted July 25, 2016 at 5:11 am

We spoke too soon. Local fans of free art might be sad to learn that the Inutlious Retailer won’t survive the summer. The fundraiser kickstarted earlier this month to help will rent was for naught. British photographer Adrian Wilson, the shop’s owner, explained in an email that his lease on 151 Ludlow Street terminates on […]

Filed Under

76easthouston-update-1

The 2-Story Building that Replaced Billy’s Antiques is Finally Revealed

Posted July 25, 2016 at 5:00 am

Billy’s Antiques is now trumped by this new two-story brick building. Under construction for more than two years – plus the legal proceedings regarding six inches of real estate – the new 76 East Houston Street is finally ready for the public eye. The commercial-only building, composed completely of brick and with arched windows, was […]

Filed Under

xcubicle-gates

xCubicle Game Repair Shop is Downsizing After 9 Years on Essex Street [Updated]

Last modified July 6, 2016 at 3:48 pm

To be honest, we had just begun jotting notes about the zig-zag of gaming-related businesses below Delancey Street. Anchored by longtime repair shop xCubicle at 25 Essex Street, the area spawned two like-minded operations in recent years. Gamer’s Paradise at 21 Ludlow and Xeno Zero at 24 Orchard. Alas, it’s now A period of transition […]

Filed Under

Streets

Bari-bowery

Bari Restaurant Equipment on the Bowery Purchases 2 Adjacent Buildings for $12.3M

Posted July 1, 2016 at 5:00 am

Bari Restaurant Equipment just enlarged its Bowery footprint. In a huge way. The long-running business purchased two adjacent buildings this month in one fell swoop. The three-story commercial property at 234 Bowery and the mixed-use 5 Prince Street. The deal was worth $12.3 million. F&R Realty was listed as buyer, but this is actually the […]

Filed Under

Streets

113 Stanton St., September 2014

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

Posted June 29, 2016 at 5:11 am

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 […]

Filed Under

347bowery-update

Retail Space at Annabelle Selldorf’s Bowery Condo Hits the Market

Posted June 28, 2016 at 5:13 am

It took five days after sales went live this month for a buyer to snap up the 4,000 square-foot penthouse atop Annabelle Selldorf’s 13-story Bowery condo. The literal crown jewel is currently under contract for a whopping $17 million, which annihilates records for the area. Two weeks later, the 8,439 square-foot retail space in the base […]

Streets

east-broadway-mall-south

East Broadway Mall Beneath the Bridge Hopes to ‘Revitalize’ Space with New Direction

Last modified June 14, 2016 at 10:17 am

A bastion of Chinese commerce will soon undergo a seismic shift. The southerly East Broadway Mall beneath the Manhattan Bridge is getting a “character” makeover. In a move to help “recreate” its identity, an entire floor of the northside facility is now up for grabs. In particular, we are now seeing listings that pitch the whole […]

Filed Under

empanada-delancey-closed-1

‘Empanadas, Son’ Pulls the Plug on Delancey Street Restaurant

Posted June 7, 2016 at 5:12 am

Much like the ill-fated dollar pizzeria predecessor at 174 Delancey Street, the concept that followed the same trajectory. Empanadas, Son! Brooklyn-born Walter Binger debuted the late-night Argentinean take-out joint in March 2015. However, given its foothold so far east on Delancey Street – right at the entrance to the Williamsburg Bridge – the establishment seemed […]

Filed Under

spring-natural-rickys

Ricky’s Opens Temporary Shop at Former Spring Natural Location

Posted June 2, 2016 at 9:24 am

Spring Street Natural closed its long-running restaurant at 62 Spring Street back in early January. The forced farewell – after thirty years, no less – was reportedly the result of an exorbitant rent hike. Yet owner Rustam Schoenholt didn’t give up and scored a new location around the corner on Kenmare. Since that time, the high visibility […]

Filed Under

19easthouston-drilling-1

Drilling Begins Ahead of 6-Story Commercial Development at 19 East Houston Street

Last modified May 31, 2016 at 9:01 am

It’s a narrow tract of SoHo land currently underutilized and certainly overpriced, so why not re-develop it? The city’s Economic Development Corporation, the previous owner, ultimately decided to sell the 6,190 square-foot parcel (address is 19 East Houston) in 2013 to Madison Capital for $26 million. However, the deal didn’t actually go through until two weeks ago, […]

Filed Under