Samy Mahfar

113stanton-mahfar

Controversial Landlord Samy Mahfar Reportedly in Contract to Purchase 113 Stanton; Tenants Ready to Fight Back

Posted September 22, 2014 at 5:29 am

Word on the street is that controversial landlord Samy Mahfar is padding his portfolio of properties on the Lower East Side with yet another acquisition. Several sources tell us that Mahfar’s SMA Equities corporate entity is “days from closing” on 113 Stanton Street, between Ludlow and Essex. Given his pockmarked track record of acquiring, booting, and […]

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100 Montaditos Opened Its 2nd Manhattan Location at 177 Ludlow Yesterday

Posted August 20, 2014 at 6:00 am

The remnant plywood shed was removed from 177 Ludlow Street earlier this week to unveil the second Manhattan location of 100 Montaditos. Yesterday was the official debut, celebrated with a two-for-Tuesday promotion of two free montaditos during lunchtime (noon and 3pm). The Spanish-based fast food chain replaces the beloved EarthMatters store, which ceased operations in the […]

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Sleepy’s Closes Its Longtime Outpost in the Former Ratner’s on Delancey Street

Posted August 11, 2014 at 9:38 am

Well, this is rather unexpected. The Sleepy’s outpost at 138 Delancey Street closed its business operations over the weekend. Twin printouts taped to the front doors indicate as much, steering customers to the location at the Red Square strip mall on East Houston. We called and confirmed that the closure is indeed permanent. The so-called […]

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102 Norfolk St.

An Update on the Tenant Struggle Against Samy Mahfar’s Luxury Conversion of 102 Norfolk

Posted August 6, 2014 at 5:37 am

Herewith, more evidence of alleged harassment tactics employed by Samy Mahfar and SMA Equities inside the war zone of 102 Norfolk Street. In a nutshell, the implementation of building-wide “system upgrades” has tenants fuming. This yellow letter recently slipped under apartment doors alerts tenants to seemingly mandatory “upgrades” to their outdated “electrical panels” and “state […]

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100 Montaditos is Still Happening at the Former EarthMatters Store on Ludlow Street

Posted July 21, 2014 at 6:00 am

100 Montaditos is still happening in Hell Square, but taking its sweet ass time. For the first time since June 2013, the entrance of 177 Ludlow Street is again covered by a plywood shed. The new lumber arrived last month with some new teaser signage. We also sniped a glimpse of the interior. It was […]

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Neighbors Fear a 7-Eleven Might Happen at the Corner of Rivington and Pitt

Last modified July 17, 2014 at 9:17 am

Put your guard up. Rumor has it that 7-Eleven might be coming to the eastern terminus of Rivington Street. A concerned reader emailed us this weekend, explaining that construction work is currently underway in the commercial space at the corner of Pitt Street. Estevez Supermarket shuttered over six months ago after several violations of selling […]

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84-Year-Old Escapes Injury After Ceiling Collapses During Samy Mahfar’s Luxury Conversion of 102 Norfolk

Last modified July 17, 2014 at 10:28 pm

Here’s the latest dispatch from the 102 Norfolk Street “war zone,” where controversial landowner Samy Mahfar is currently amidst a luxury conversion. We are told that, on Tuesday evening, a large chunk of bathroom ceiling in apartment #1 collapsed. The 84-year-old tenant was inside at the time, and was miraculously unharmed. Renovations in unit #6 […]

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102 Norfolk St.

Samy Mahfar’s Luxury Conversion Creates ‘War Zone’ for Tenants of 102 Norfolk Street [PHOTOS]

Posted July 14, 2014 at 5:38 am

Controversial real estate mogul Samy Mahfar (pka SMA Equities) purchased 102 Norfolk Street back in April of this year. It was around this time that we first started hearing chatter about the luxury conversion, and purported efforts to boot all the longtime rent stabilized tenants. It’s nothing new really; he used the same borderline-legal tactics […]

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Report: Samy Mahfar Now Trying to Boot Longtime Tenants of 102 Norfolk Street

Posted July 10, 2014 at 6:11 am

Controversial landlord Samy Mahfar – who sits on the board of the Lower East Side BID – continues to gobble up properties around the neighborhood. His latest acquisition was 102 Norfolk Street in April, for which he paid $11 million. Massey Knakal brokered that deal. Since 102 Norfolk is located directly beside a cantilevered mess of […]

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255easthouston-sale

Destabilized 255 East Houston is Back on the Market for $36M

Posted June 5, 2014 at 5:05 am

255 East Houston (aka 171 Suffolk Street) has been on life support since early 2010, when demolition of the adjacent building destabilized the structure. The damage ultimately compromised the safety of those within, namely the Action for Progress day care center, which was forced to vacate the premises. Other than being listed for sale in […]

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