Real Estate Listing

260 Bowery, September 2015

260 Bowery Sells for $10M Ahead of 8-Story Luxury Condo Project

Posted November 20, 2015 at 5:13 am

Back in September, we broke news that 260 Bowery would be razed and redeveloped into 23,500 square-feet of luxury housing. Demolition permits were filed over the summer, and some preliminary takedown happened. Now, the pre-war building has been sold. It’s all part of the endeavor to drop an eight-story condo building with five units. The Commercial Observer […]

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Fire Survivor at 281 Grand Street Sells for $12.3M

Posted November 19, 2015 at 5:13 am

A lucky survivor of the devastating 2010 fire that burned two mid-block buildings to the ground, 281 Grand Street soldiers on. It’s better off now than it was. At least according to brokers who helped unload the property. Owner Jonathan Jacobs finally sold the five-story tenement for a cool $12.3 million, a significant price chop from […]

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Retail Condo Housing Lucky’s Famous Burgers and Rumpus Room Sells for $5.75M

Posted November 17, 2015 at 5:18 am

For the first time in recent memory, the corner storefront at 147 East Houston is no longer a check-cashing depot. The store closed over the summer. Its identity changed over the years, yet the core business remained; the last update was in 2010 to a Pay-O-Matic outpost. Fast forward to current. Pay-O-Matic is no longer in […]

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Inside Cafe Noir Owner’s Eldridge Street Mansion, on the Market for $12M

Last modified November 7, 2015 at 10:53 pm

​We told you last week that restaurateur Georges Forgeois is selling his pad at 170 Eldridge Street. Signs advertising the sale have been onsite for as long, but the property officially hit the market this week for $12 million. Built in 1820, the three-story “townhouse” at 170 Eldridge originally functioned as a carriage house and stable […]

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Cafe Noir Owner Georges Forgeois Puts 170 Eldridge on the Market for $12M

Posted October 30, 2015 at 5:17 am

Georges Forgeois, the well-regarded downtown restaurateur, is looking to exit his longtime Lower East Side pad. 170 Eldridge Street now sits on the open market, positioned as the perfect opportunity for a single-family home. New real estate signage arrived onsite earlier this week. The three-story townhouse is located on the block dutifully nicknamed “God’s Corner,” […]

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peace pentagon 339 lafayette

Aby Rosen Snags the Historic Peace Pentagon on Lafayette Street for $20.75M

Posted October 23, 2015 at 5:00 am

Real estate magnate Aby Rosen continues his buying spree downtown, scooping up an historic corner of Noho real estate. Say goodbye to a decades-old symbol of radical activism in the area. Employing the corporate shell of “337 Lafayette LP,” Rosen’s RFR Realty company purchased the Peace Pentagon earlier this month for $20.75 million. The property – owned […]

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Investors Flip Historically Significant Bowery Development Site for $47M 

Last modified October 22, 2015 at 8:41 am

Plans for demolition have been filed for three of the oldest buildings on the Bowery. We’re talking, of course, about the assemblage of historic properties comprising 134-142 Bowery. For the second time within a year, the development parcel (in industry speak) – which includes a butchered Federal-style row house that dates back to the 1790s […]

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Still on Market for $16.5M, Low-Rise Delancey Street Retail Attracts ‘Cricket Wireless’

Posted October 16, 2015 at 5:14 am

​Cricket Wireless is expanding its portfolio of stores on the Lower East Side. Currently with three service spots on its roster, the four-year-old mobile provider just added another. And in a curious location, too. The low-rise strip of retail by the Williamsburg Bridge. For nearly three years, property owners Ashkenazy Investments advertised the corner space […]

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Open Wounds: Sion Misrahi Looks to Sell Vacant 11 Essex Street Building for $12.5M

Last modified October 15, 2015 at 12:11 pm

Boarded and padlocked shut, 11 Essex Street is the proverbial timebomb that’s been ticking for the past six years, counting down to certain demise. Freshly stapled “no trespassing” signs (and the “make affordable” graffiti) serve as reminder of the slumlord tactics by Lower East Side real estate baron Sion Misrahi at this location. The narrative […]

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32 Orchard Street Hits the Market for $8M

Posted September 17, 2015 at 5:14 am

It seems that longtime Lower East Side exterminators, M&M Environmental, might need to start looking for new office space. A real estate listing hit the market yesterday that pimps 32 Orchard Street as a great “investment opportunity.” Enough to justify the asking price of $8 million by current owner, Staten Island-based Stormcat Realty LLC. Here we […]

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