Big Real Estate Plots Area Domination with ‘LES is More’ Summit at the Sunshine Cinema

Posted on: January 18th, 2017 at 5:12 am by

sunshine-gene-wilder-2

“L.E.S. is more.”

This cringeworthy slogan, a played-out play-on-words, has long been co-opted by the real estate industry in order to sell the Lower East Side. Closer to home, the Lower East Side Partnership, whose singular mission is to increase property values for the area stakeholders, also employs the phrase.

Now, big real estate is holding a summit along those lines to plot for the ongoing gentrification offensive.

Later this morning, a panel of controversial players will convene at the Sunshine Cinema on East Houston to discuss the following subjects. Moderator is Leonard Steinberg (President of Compass); Panelists are Benjamin “Sledgehammer” Shaoul, Charles Bendit, Arthur Stern, Andres Hoff, José Antonio Grabowsky, and Nikolai Fedak.

Per the press release, obtained by Jeremiah’s Vanishing NY:

  • Trump threw out the playbook in politics, fittingly NYC’s real estate players are doing the same.
  • How the LES is ripe for living and ripe for investment.
  • Green smoothies and Katz’s pastrami sandwiches: the collision of old and new in the LES.
  • Renown developers on bridging the old and new in the Lower East Side.
  • Lower East Side: Where food porn meets real estate porn.
  • Why buying an apartment before the building is built is the Answer.

Choice of venue is certainly ironic, given that the movie theater is itself threatened by the same market forces these suits continue to exacerbate. As previously reported, the 1898 building is being shopped around, despite the remaining year-and-change on the lease.

Recent Stories

Shakespeare in the Parking Lot Returns from COVID-19 Sidelines

All the world’s a stage… To honor what would be the Bard’s 457th birthday, the ever-so-popular Shakespeare in the Parking Lot is back for a two night affair. Being the first performance from the troupe since the pandemic sidelined it in 2020, the event promises evenings filled with scenes, songs, sonnets, and soliloquies from the […]

Pedestrian Bridge Decay in Corlears Hook Park?

Strange things afoot. For a few days in mid-March, the pedestrian bridge connecting Corlears Hook Park to the East River greenway was closed off. No explanation; just cones and netting. Neighbors claimed that the bridge itself was crumbling, and that concrete debris fell onto the FDR roadway below. However, after a few days closed to […]

Opposition Mounts Against Public Hotel Garden Revamp on Chrystie Street

The 28-story Public Hotel hopes to reconfigure its garden area along Chrystie Street. Neighbors are not having it. Posters in the immediate vicinity display the opposition to the liquor license modification. Claiming that the new garden format would be an “open air eating and drinking playground for the rich.” According to materials submitted to the […]

Developer to Close Lands End II Parking Lot by Month End for New 700-Foot Towers

Not two months after the Appellate Court overturned community lawsuits stopping the Two Bridges mega-developments, one of said projects is now moving forward. Tenants of the Lands End II housing complex were informed, via letter, that the rear parking lot will close by the end of April to make way for the 700-foot megatowers by […]

An Art Show to Benefit the Educational Alliance

A new art exhibit to support the Educational Alliance and its Manny Cantor Center kicks off this weekend. Drawing inspiration from the recently-deposed Hester Street Fair, “CONTINUE TO BE” is a celebratory show welcoming the warmth and hope of springtime in the city, featuring both new and old work from local photographers who have documented life […]