Locals Fear Another Supertall will Rise from the Shuttered Manhattan Mini Storage Parking Lot on South Street

Posted on: December 14th, 2016 at 5:00 am by
This image has been archived or removed.

The Edison Properties-owned “Park Fast” parking lot at the corner of Market Slip and Water Street – behind Manhattan Mini Storage – closed at the end of October. Customers’ cars are gone, and the hydraulic lifts that serviced them are locked in the ground position.

So, it’s worth mentioning that readers living in the area are worried about what’s to come, given the gold rush of developers mining the Lower East Side waterfront. Indeed, when a parking lot is sealed, it’s usually the first signal that something bigger is at play. Such as another supertall development to trounce the predominantly lower-income surroundings.

However, onsite gossip points otherwise … to Verizon having taken over the lease here. Plans are not entirely clear, but we hear that the utility’s telecommunications equipment will live on this spot. Whether that means a new facility or not is still unclear.

There is no record to date of any sale here.

This image has been archived or removed.

Edison Properties – which owns parking lots and other property around the city (e.g. The Ludlow) – purchased 210-220 South Street in 2001 for close to $30 million. Their Manhattan Mini Storage sub-label moved in shortly thereafter.

Built in 1927, this 264,752 square-foot building is historic. Before Edison acquired the property, 210-220 South Street was the newsroom and production facility for the New York Post 25 years running, and before them, home to Hearst’s Journal American.

The 264,752-square-foot factory, originally home to Hearst’s Journal-American, was the base for all Post editorial and production activities for 25 years under several different owners.

This image has been archived or removed.

Recent Stories

With LES Gentrification at Critical Mass, the Time is Now to Pass Universal Rent Control [OP-ED]

Bob Angles, a resident living in one of the affordable units of Essex Crossing, penned the following editorial. Secondary displacement, better known as gentrification, has been creeping up and down our streets for the past decade. Yet, with the arrival of thousands of new, unregulated apartments between the Extell tower (i.e. One Manhattan Square) and […]

‘The First Time I Saw The Ramones’ at the 72 Gallery on Orchard Street

Photographer Tom Hearn spent the night of July 22, 1976 at the Acadia Ballroom in New Haven, Connecticut. Attending at the behest of friend Legs McNeil, co-founder of Punk Magazine, that was the first time he saw the Ramones play live. And he captured it on film for posterity. Now, those images are on display […]

Epstein’s Bar is Whitewashed and Rebranded as ’82 Stanton’

In other news of nightlife name changes, the rebooted Epstein’s NYC is no longer. The bar is still there, of course, but the newish ownership is now trying on a new identity. Last week, Epstein’s painted its corner facade white. A literal whitewashing of its image, perhaps to shed its skater sports vibe for something more […]

He Said, She Said: A Two-City Concert Review of the Twilight Sad

Hot off the release of their fifth album It Won/t be Like this All the Time earlier this year, Scottish outfit The Twilight Sad have been hitting the stateside tour schedule pretty hard. Maybe a little too hard – their Boston show at Sonia was nixed due to a strain on James Graham’s vocals. We […]

Kushner’s $65M Purchase of Hotel on Rivington is Tripped Up

The Kushner Companies’ multimillion-dollar purchase of the Hotel on Rivington is reportedly on shaky ground. Last November, the firm entered into contract to acquire the twenty-story glass eyesore for $65 million. Fast forward six months. According to documents filed in New York Supreme Court Tuesday morning, uncovered by The Real Deal, Kushner Companies demands that […]