9-Years-Stalled ‘Allen Street Hotel’ Back from the Dead with New Renderings (and Window Panels)

Posted on: April 26th, 2017 at 5:14 am by

allen-street-hotel-update-2_wm

Against the odds, one of the longest stalled projects on the Lower East Side – it should be a punchline – just returned to life. Back from the dead, it seems, the sixteen-story Allen Street Hotel now has some new flair to discuss, the first real progress onsite since February 2011.

This single window panel on the Orchard Street facade, and the advent of new orange netting on the upper floors were together the first evidence. Even better, the new rendering posted to the project site reveals the new plan for the hotel. Completion date is now pegged at Spring 2018. That’s a full ten years after groundbreak.

Zombie status nixed.

allen-street-hotel-update-1_wm

Revised plans submitted to the Department of Buildings (disapproved as of yesterday) show that there will be seven rooms per floor, plus real estate for four bars (rooftop and three on the main level). Neighbors will have a field day with that one.

The Allen Street Hotel snuck onto the scene in the eleventh hour before the 2008 zoning took hold, and slyly ascended sixteen stories. Three years later, the now-former owner D.A.B. Group allegedly ceased the necessary mortgage payments, and the property slipped into foreclosure.

allen-street-hotel-update-3_wm

Then in 2016, eight years after the first concrete pours, the properties comprising 139-141 Orchard Street sold in auction to real estate tycoon Morris Moinian and his partner Morry Kalimian of Elk Investors. The duo paid $30.75 million for the incomplete development with the intention of completing the project within twelve to sixteen months. They’re a bit behind schedule.

Meanwhile, the area beneath the scaffolding remains a urine-soaked dumping ground.

The Allen Street Hotel foundation, Aug. 2010

The Allen Street Hotel foundation, Aug. 2010

Recent Stories

LES Cop Shooting Still Cold Case 8 Years Later

Eight years later, it remains a cold case. In the early morning hours of July 5, 2012, two cops sustained gunfire during a drug bust in the Seward Park Extension on Essex Street. The shooter is still wanted for attempted murder of a police officer, and remains at large. Officers Brian Groves and Eric Corniel chased a suspected […]

Vendors Return to the Market Line on the Lower East Side

As the city slowly attempts to normalize in the wake of COVID-19 lockdown, so too does Essex Crossing. Its underground food court – the Market Line – is now back to business. Several vendors returned and are open, albeit via pick up and delivery only. Those who live within a ten-mile radius of the Market […]

Mayor’s Borough-Based Jail Plan Defunded $473M and Now on Hold

Grassroots groups in diametric opposition to the city’s borough-based jail plan this week declared victory at its delay. For now. Last week, City Council and Mayor de Blasio approved the $88.1 billion budget for the 2021 fiscal year. Within the accompanying report, the city mentioned, “Planned commitments for new borough-based jails have been reduced by […]

Elizabeth Street Garden Reopens Post-Shutdown

At a time when city folk are clamoring for more open space, the Elizabeth Street Garden comes to the rescue. The one-acre sculpture park – nestled in the middle of Little Italy – reopened to the public over the weekend. Yet, with limited hours. Temporary visitation is weekends from 10:00am to 6:00pm. There are also […]

Beverly’s Bar Shutters After 7 Years on Essex Street

The pink neons have gone dark, as Essex Street loses one of its cool kid hangs. Beverly’s, the trendy art bar founded in late-2012 by Sweet Paradise veteran Leah Dixon, closed forever last week. Just shy of its eighth birthday. A leasing sign hangs awkwardly from the rolldown gate. “We are looking reality in the […]