Another Business Prepares to Vacate After Ben Shaoul’s Purchase of East Houston Development Area
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So long, low-rise East Houston
They don’t call him the Sledgehammer for nothing. After all, landlord Ben Shaoul (i.e. Magnum Realty) stops at nothing to gobble up large swaths of the East Village and Lower East Side. His latest conquest – as we first uncovered – is the low-rise stretch of East Houston retail near the corner of Orchard Street. The owners of Ray’s Pizza sold the land.
Back in August, we revealed proof that Shaoul was in fact buyer of the parcels. Katz’s Deli owner Jake Dell had also confirmed that his air rights were sold, but wouldn’t disclose the buyer. While not confirmed, that transaction seems obvious enough.
Businesses comprising the corner plot (predominantly restaurants) have been rather slow to leave, though. Bereket and Philly’s Cheese Steak both foundered over the summer, and Taqueria already scored a new location on St. Mark’s Place (but remains in operation).
Time has now come, though, for some of the others. We are told that Tiehama Grocery needs to vacate 193 East Houston by the end of November. Apparently the mom-and-pop shop had sought refuge around the corner at 173 Ludlow. The bodega was denied, though, in favor of office space for the Hotel Ludlow. The store remains a mess for now, with scattered loose hardware leftover from construction.