Streit’s Matzo Ceases LES Production for the First Time in 90 Years; Begins Moveout

Posted on: June 16th, 2015 at 5:00 am by
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First the Davey Drill at its doorstep, and now this.

Five months after we first broke news of its departure, Streit’s Matzo is now amidst the move-out stage.

Yup. For the first time in some ninety years, the machines inside Streit’s Matzo factory are purportedly silent. First floor windows into the conveyor apparatus are now shut. Forever. We are told that production finally halted within the last week and that the mom-and-pop business will be vacating Rivington Street gradually over the next two months. Though, we also hear that mid-July is the proper date. Either way, it’s fuckin soon.

That means by end of summer, the four contiguous factory buildings comprising 148-154 Rivington will be vacant and ready for demolition.

It’s getting there. We’ve already spotted the removal of various machine scraps from the service elevators. Also the matzo bins that carried product through the whole factory (see below).

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Goodbye to that sweet baked aroma wafting through the Lower East Side. It’s a sad day; a deep wound for the neighborhood.

Cogswell Realty, a midtown-based real estate firm, purchased the matzo factory for $30.5 million earlier this year. The contract was signed April 30. The tenements – together comprising some 50,000 square-feet – had been shopped around for the better part of the last decade. Asking price was usually in the neighborhood of $25 million.

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Five generations of the Streit family, and as many generations of factory workers, have devoted their lives to the art of mixing flour and water, and sending these two simple ingredients through a seventy-three foot long oven to create sheets of matzo, the unleavened bread central to the Jewish holiday of Passover. For Streit’s, alas, that process will no longer take place in this neighborhood.

That means the label will be different next year…

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