After a Year of Controversial Work, Steve Croman Unveils Luxe 124 Ridge Street

Posted on: September 17th, 2015 at 5:00 am by
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Much maligned landlord Steve Croman (9300 Realty) is nearing the end of luxury conversion activities at 124 Ridge Street.

Permits on file with the Department of Buildings indicate that the job included “renovation of existing apartments at front and rear building, new convenience stairs from 5th floor apartments to roof, new roof decks, and partition work.” From street level, though, the storefronts are visibly in poor condition, forever in a state of disrepair. His seemingly purposeful construction with disregard (i.e. harassment) is partially to blame for the loss of truck-to-store restaurant Rustic LES more than a year ago.

Building renovations at 124 Ridge over the last few years precipitated both a vacate order and steady stream of stop-work orders. The latest cessation transpired in last December for site conditions that endangered construction workers. Specifically, the removal of “interior stairs” contrary to initial plans. Then there was a stop-work order back in June because the FDNY paid a visit and noticed an “18′ X 6′ X 7′ area excavated at rear of building without proper shoring or permits.”

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All of this troubled history is in the past, though, with the only reminder being a partial vacate order on premise. Croman’s strong-arm tactics won out yet again, and now a banner proclaims that new units are for rent. And completely unaffordable, might we add. There are eleven luxury studio apartments ranging in price from $3,594 to $5,032. Figure something totally antiseptic will take over the ground level, like a gallery with one thing on the wall.

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