12-Story Tower Planned for the Old Moscot Site on Delancey

Posted on: October 2nd, 2014 at 5:23 am by

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When Wallplay arrived, August 2013

Exactly two years ago to the day, we broke news of Moscot’s move across Delancey Street. We noted at the time that a tower would likely rise on the site. You see, the two parcels comprising 118 and 120 Orchard Street were combined into one zoning lot shortly before our report.

The two-story box remained intact in the ensuing years, even attracting a media marketing business called WALLPLAY in August 2013. Its exhibits have included several artist billboards, the Clash’s box set release, and a counter serving Intelligentsia Coffee. Rox Gallery also moved into the old space occupied by Jimmy Jazz.

But we knew these arrangements would be temporary.

Helm Equities, which purchased the property in 2012 for $4.8 million, filed preliminary paperwork with the Department of Buildings to construct a twelve-story tower on this combined corner parcel. The floor area is broken into 24,000 square-feet of residential and 6,000 square-feet of commercial. That equates to an “eating and drinking establishment” on the ground floor with twenty-four apartments up above (six of which are duplexes).

So, yeah. Expect demolition in the near future.

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