City OKs Demolition of Former MOSCOT Building at 86 Delancey; 12-Story Luxury High Rise up Next

Posted on: September 13th, 2016 at 5:05 am by
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Demolition and reconstruction has been looming at the northeast corner of Orchard and Delancey Streets for the last few years. Basically, ever since MOSCOT moved across the street to its new digs by the Tenement Museum.

Now it’s finally happening. The Department of Buildings approved fresh demolition plans for the two-story box a couple weeks ago. Proper leveling should commence and conclude by the end of the year. Then it’s anyone’s guess as to how long it’ll take for the replacement to rise.

The two commercial tenants – Wallplay and GE Galeria – both vacated 86 Delancey back in July with a momumental send-off that included a yellow paint job and a sheath of sanctioned graffiti (the effort was called “Exquisite Corpse”). It’s a photogenic corner for the time being.

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Photo: SWA Architecture

Helm Equities (aka David Escava) purchased 86 Delancey (aka 118 Orchard) in 2012 for $4.8 million. This transaction was the proverbial nail in the coffin that forced MOSCOT across the street a year later. (It had been there since 1936.) The developer subsequently filed preliminary paperwork with the Department of Buildings in September 2014 to construct a twelve-story mixed-use tower on this larger parcel. It’s languished in “disapproval” status ever since.

At a height of 120 feet, plans call for 29,437 square-feet of total floor area split between luxury residential and commercial. There are twenty-four rentals – floors three through eight will carry three units each, with duplexes rounding out floors nine through twelve. The ground-level retail space is 5,769 square-feet, and zoned for “use group 6,” which includes a restaurant. There is also a rooftop “recreational area” listed in the proposal.

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Orchard and Delancey, September 2012

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