Mahfar Just Finished Leveling 255 East Houston for New 13-Story Luxury Building

Posted on: October 5th, 2016 at 5:10 am by
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SMA Equities (aka Samy Mahfar) is well on the way to erecting its twelve-story phallus on the border of Alphabet City.

Yep, 255 East Houston is officially a goner. The derelict building with its faded facade, and prior service to the community, was reduced to dust within the last several weeks. Now its just another debris-strewn lot awaiting luxury conversion.

As previously reported, Mahfar will dump a thirteen-story, 63-unit luxury development on the L-shaped lot that includes 171 Suffolk Street.

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Don’t forget that SMA Equities tried to get one over on the neighborhood by tweaking the current zoning to allow bars in the commercial space instead of the current restriction of community facility. In fact, the much-maligned landlord/developer spent the last five years – well before demolition – trying to wrest a commercial overlay onto a two-and-a-half block stretch of East Houston. Community Board 3 twice denied the application, but it still found an audience with the City Planning Commission. Mahfar ultimately withdrew, though, and admitted defeat last month.

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Lest we also forget, of course, the controversial history here. 255 East Houston previously hosted side-by-side day care centers that were summarily disposed of. Purportedly with more than fifteen years remaining on the lease, the two programs (including Action for Progress) were allegedly forced from the premises after the structure was destabilized from the adjacent construction some six years ago.

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Rendering of 255 East Houston

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