119 Orchard Street for Sale (Again)

Posted on: May 18th, 2010 at 6:33 am by

This image has been archived or removed.

The past few years have not been too kind to 119 Orchard Street.  Fine & Klein Handbags owned and resided in this tenement building for more than four decades, but called it quits in late 2007.  Some months later, the property was put on the open market and quickly snatched up by SAS Property Management for $4.22 million.

This image has been archived or removed.

Demolition began shortly after the sale to clear the 21′ x 87.58′ plot for a new forty-room boutique hotel.  It remains a slow-go marred with holdups.  Two of the four stories had been removed before work halted abruptly six weeks ago.  The DOB issued a stop work order and violation for “demolition work without a permit.”  And last week, the department came knocking yet again for an inspection of the premises.  Judging by the number of pink slips, nobody cares to answer.

This image has been archived or removed.

So why bring all of this up?  Well, now what’s left of 119 Orchard Street is on the block again!  A real estate listing just surfaced on the Massey Knakal website, and the hotel dream is used as a selling point.

Full plans were recently approved and stamped by the Department of Buildings for a 10 story (plus cellar and subcellar) mixed-use building. Cellar and subcellar approved for commercial use plus 10 stories above-grade of residential or hotel use. With full plans already in place and demolition underway a developer could start construction immediately.

Asking price is $4.7 million.

This image has been archived or removed.

Recent Stories

Police Chase, Shoot at Man Armed with 2 Knives on the Bowery

Police this morning shot at an alleged robbery suspect who resisted arrest and threatened officers with two knives. It began at 8:00am when police received the first call about an emotionally disturbed man who threatened a woman with a glass bottle outside 80 East Third Street, and attempted to steal money. He then fled south […]

The ‘Basic Necessities’ of Broome Street

Six months ago, Basic Necessities became part of Broome Street. Conceived by artist Michelle Repiso, the multimedia project tackles “three individuals and the mechanisms they used to sustain their humanity while incarcerated.” Now, with an Artist Corps Grant, Repiso is taking it one step further with community engagement. This Sunday, the artist will be crowdsourcing […]

St. Marks Church in-the-Bowery Awarded Sacred Sites Grant of $35,000

One of the oldest houses of worship in the city will receive some much needed financial aid for their ongoing restoration endeavours. The New York Landmarks Conservancy has awarded St. Marks Church in-the-Bowery $35,000 through their Sacred Sites grant, a designation that administers monies to historic religious properties throughout the state. The church on East […]

Borough President Implores Parks Commissioner to Address Community Concerns in Sara D. Roosevelt Park

Two stabbings within a twelve-hour period last weekend highlighted the decrepit, yet dangerous state of Sara D. Roosevelt Park. The violence apparently pushed Manhattan Borough President Gale Brewer to exert pressure on the Parks Department to address certain core issues. In a letter to Commissioner Gabrielle Fialkoff this week, Brewer identified two key concerns – […]

Loved Ones Crowdfunding for Grubhub Deliveryman Stabbed to Death on the LES

Loved ones have taken to online crowdfunding platform GoFundMe to help raise money for the Grubhub deliveryman stabbed to death in Sara D. Roosevelt Park last weekend. As reported, the incident transpired early Saturday morning near the Hester Playground in Sara D. Roosevelt Park. Surveillance footage shows that the attacker sat on the bench next […]