Real Estate Listing

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 […]

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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 […]

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‘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 […]

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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 […]

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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, […]

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The COW Theater on Clinton Street Closes Next Week, Space Now up for Grabs

Posted May 26, 2016 at 5:00 am

The successor to the Living Theatre is poised to meet the same fate. Three-and-a-half years after opening at 21 Clinton Street, The COW Theater (“Celebration of Whimsy”) is closing for good at the end of the month. Curtains. Just after the holiday weekend. News of its closure was first circulated to members and supporters earlier this […]

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171bowery

171 Bowery ‘Development Site’ Hits the Market for $12.5M

Posted May 25, 2016 at 5:00 am

“OBEY the future; Join the most exciting avenue in NYC.” That’s the proclamation from a new real estate listing circulating for 171 Bowery. The four-story tenement building, located just south of Delancey Street (and across from the ascending CitizenM monstrosity), is now on the open market as a $12.5 million “development site.” Jan Sasson of the […]

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249broome-retail

After $12.3M Sale, Longtime Chinese Laundromat Forced from 249-251 Broome Street

Posted May 24, 2016 at 5:17 am

The reliable Sun Kwong Laundromat at 251 Broome Street was given its marching orders last week. Alas, its final day serving the neighborhood is tomorrow (May 25). There is a sign on the front door alerting patrons that the business lost their lease. The laundromat kept the area in clean clothes for more than a decade, and […]

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Original Home of Roumanian-American Synagogue on Hester Street Sells to Brazilian Developer for $5.9M

Posted May 19, 2016 at 5:10 am

The original home of the First Roumanian-American Synagogue at 70 Hester Street (designed by Frederick Jenth in 1881) finally sold this month after an extended period on the open market. A few years after the first listings first surfaced, Brazil-based real estate developer Eduardo de Souza Ramos of Cerfco Participações acquired the three-story building for $5.9 million. […]

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Thor Equities Picks up Former Patricia Field Store for $8.2M

Posted May 18, 2016 at 5:11 am

Thor Equities is now the rightful owner of the retail space at 306 Bowery. In doing so, the billion-dollar-barons have an even larger toe-hold on the Lower East Side. Joe Sitt and company shelled out a wallet-busting $8.2 million for the 6,700 square-foot location (ground + basement). “The Bowery is continuing its transformation into one […]

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