Report: Streit’s Matzo Factory is Going Condo, After All

Posted on: December 16th, 2015 at 5:00 am by
This image has been archived or removed.

Today, in least shocking news ever, the former Streit’s Matzo factory is going condo. It’s confirmed.

Despite recent DOB filings to truncate the height of 150 Rivington Street to a bi-level commercial space, the long game here is to eventually install luxury living. Midtown-based Cogswell Realty, which forked over $30.5 million for the four-parcel assemblage, recently filed plans with the Attorney General’s office. The technical document submitted was reportedly a “CPS-1” application, allowing an applicant to “test the market” before officially filing a condo offering plan.

According to the public documents, 150 Rivington Street is to boast 45 residential condo apartments, a commercial condo on the ground floor, and 26 storage units.

The new development is presumably in partnership with architectural firm Gluck+ and will likely capitalize on the 14,000 square-feet of air rights sought from the nearby Suffolk Homes.

Meanwhile, Streit’s is presently amidst relocation to Rockland County, its first move in some ninety years.

[h/t Real Deal]

Recent Stories

Report: Tenement Museum Workers Unionize

The front-facing staff of the Tenement Museum, after many failed attempts throughout the years, have finally agreed to unionize. A vote was held last week in which all education, retail, and visitor services employees mobilized to join Local 2110 UAW (United Auto Workers). The measure passed by a 96% margin. The vote was spurred by […]

Sunshine Cinema Signage Carted Away

Sunshine, sunset, swiftly goes the demolition. Indeed, no sooner did the sidewalk bridge appear at 141 East Houston Street than workers deposed the Sunshine Cinema neon lettering. We’re told that a van carted the signage away yesterday. Co-owner-developer East End Capital did not return our request about the fate of the letters. Meanwhile, the demolition […]

New Essex Street Market Sets Opening Date at Essex Crossing

Seventy-nine is a momentous age for the Essex Street Market. Now, more than five years in the making, the Lower East Side institution opened by Mayor LaGuardia in 1940 is finally ready to cross Delancey. The date for its opening at Essex Crossing has been set. Mark the calendar for May 18. The Market announced […]

Ready to Win the Weekend? [SPONSOR]

“Let’s meet for drinks” is starting to get lamer than Netflix-and-chill. Amp up your culture factor, impress your date, and maybe even take home great new art at Superfine! Art Fair, opening May 1 with a champagne washed inaugural party in SoHo. Explore three rooms chock full of awesome art by 80+ top-tier emerging artists. […]

He Said, She Said: A Two-City Concert Review of KOLARS

KOLARS is a Los Angeles-based rock duo, formerly of folk outfit He’s My Brother She’s My Sister, and the latest in our “He Said/She Said” music series. They’ve been relentlessly on tour for the past three years (over 400 shows since 2016), and while Passover prevented us from getting to the New York gig, we […]