Report: Low-Rise Stretch of Clinton Street to Be Demolished for New Development

Posted on: January 7th, 2014 at 5:24 am by
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Like dominoes, they’re falling. Each of the businesses headquartered in the charming one-story row of retail at 52-60 Clinton Street are shuttering. There is rampant chatter around the block that the whole strip will likely come down in anticipation of a new development.

The latest to go is streetwear brand Community 54, which opened this boutique at 54 Clinton in the Fall of 2011. It specializes in streetwear and also boasted a front-of-house game room (which ate lots of our quarters). The store also hosted hip hop stars like A$AP Rocky and Soulja Boy.

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But it’s all gone now. A sign in the window says “gone fishing,” and the brown paper is up. Even though an employee inside told us they’re just “renovating,” the Instagram account and various Twitter friends confirm the closure. Apparently, a new Chinatown location is in the works.

There’s bigger news here, though. Community 54 is the fifth store to close along this strip in the last year. 1492, Blake Scotland, Jenny’s Unisex, and Temple of Ankh all vanished. No replacement tenants. The reason why? Sources say that leases on the remaining stores were all bought out by the owners so that a shiny new residential development can rise here. Rothstein’s Hardware is holding on, but reportedly not for long.

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Jenny’s Unisex, Mystic Garden & Rothstein’s Hardware, July 2010

50-62 Clinton Realty owns the properties here, which also includes WD-50. They’re repped by ICON Realty management, “a multifaceted investment and management company.”

WD-50 is allegedly not affected.

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When 1492 Sailed Clinton for the last time, October 2012

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