Samy Mahfar

Mahfar Irks Embattled Residents with Rowdy Pop-Up ‘Club’ in Former Las Venus Space

Last modified March 22, 2017 at 4:20 pm

Samy Mahfar is looking to plug the storefront vacancy at 113 Stanton Street. Neighbors didn’t like what happened there last night, though. You’ll recall that Las Venus relocated back in May 2016 after more than twenty years on the Lower East Side. This business was pissed away for a vacancy that has been sitting warehoused […]

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‘The Dressing Room’ Bar and Boutique on Orchard Street Closes Down Tomorrow Night

Posted January 27, 2017 at 5:00 am

Two weeks after breaking the news, we can now report that the Dressing Room on Orchard Street won’t survive January. Tomorrow is the final day in business for the ten-year-old bar-boutique. The first sign of its demise – quite literally – was the advent earlier this month of a leasing banner strung from the fire […]

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Looks Like the 10-Year-Old ‘Dressing Room’ is not Long for Orchard Street

Posted January 11, 2017 at 5:00 am

On Orchard Street, sneakers and spirits are threatened, as the Dressing Room may soon undress for the last time. Tombstone leasing signage, courtesy of Samy Mahfar’s REAL New York brokerage, is presently affixed above the door. There are no listings online yet, and the proprietors didn’t immediately return a request for comment. Before the “museum block” […]

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Mahfar Alleges CB3 Conflict of Interest over Zoning Change Denial 

Posted December 19, 2016 at 5:10 am

If Samy Mahfar had his way, nightlife would be permitted in the ground level of his thirteen-story mixed-use tower slated for 255 East Houston, which is currently zoned for a community facility. Three months ago, the City Council declined the five-years-in-the-making proposal to rezone the two-and-a-half block stretch of East Houston with a commercial overlay […]

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Toledano Tenants Hold Banks Accountable for ‘Predatory Lending’ to Slumlords

Last modified December 10, 2016 at 5:16 pm

Predatory Equity: the harmful practice of investing equity to buy rental apartment buildings at inflated prices. Predatory equity investors calculate that they can replace poor and working people with new tenants willing to pay much higher rents—thus bringing higher profits in a hurry. Utilizing predatory equity is one of the main tools in the slumlord […]

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Mahfar Just Finished Leveling 255 East Houston for New 13-Story Luxury Building

Posted October 5, 2016 at 5:10 am

SMA Equities (aka Samy Mahfar) is well on the way to erecting its twelve-story phallus on the border of Alphabet City. Yep, 255 East Houston is officially a goner. The derelict building with its faded facade, and prior service to the community, was reduced to dust within the last several weeks. Now its just another […]

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‘The New Allen’ Moves to Samy Mahfar-donated Gallery Space on Delancey Street

Posted September 26, 2016 at 5:17 am

SMA Equities (aka Samy Mahfar) is headlong into its conversion of 104 Delancey into a multilevel gallery dedicated to “low brow” art. The storefront is now enveloped in paint, as street artists UR New York spent the weekend buffing and spray-painting the exterior. You’ll recall that property owner Samy Mahfar donated the available real estate […]

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Art

Hated Landlord SMA Equities Donates 104 Delancey for ‘Low Brow’ Art Gallery

Posted September 15, 2016 at 5:11 am

Controversial landlord Samy Mahfar (aka SMA Equities) is in dire need of some good press these days. Perhaps that explains the so-called donation of 104 Delancey Street (former Washington Mutual bank and exhibition space) to become a multi-level gallery dedicated to “low brow” artists. The New Allen Art Foundation is curator in residence, an art program […]

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Art

Samy Mahfar Bails on Controversial East Houston Rezoning Proposal

Posted September 8, 2016 at 5:04 am

Samy Mahfar now tastes defeat at the hands of City Council. The much-maligned landlord had sought a zoning change that would benefit his in-progress development at 255 East Houston Street. But before the scheduled City Council vote on Tuesday by the zoning and franchises subcommittee, Mahfar tendered a letter of withdrawal to City Planning Director […]

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Here’s What to Expect from the New ‘Black Tap’ on Ludlow Street

Posted August 10, 2016 at 5:11 am

Popular burgers-and-shakes restaurant Black Tap has chosen the Lower East Side for its newest location. As previously reported, ownership settled on 177 Ludlow Street, a building that formerly housed Earthmatters (and 100 Montaditos). Joe Isidori and partner Christopher Barish currently seek a beer-wine license for Black Tap LES. And barring any major catastrophes, it’ll probably happen. […]

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