Behold, the Peace Pentagon’s Transformation for Rumored Nike-KITH Sneaker Emporium

Posted on: May 10th, 2017 at 5:02 am by

The so-called Peace Pentagon, no longer a bastion of activist enterprise, was spared the wrecking ball and reborn as a capitalist endeavor.

Gone is the four-story plywood encasement that protected the structure since July of last year. Workers peeled away the hulking appendage earlier this week to reveal what’s been going on here during the interim. It’s a complete transformation. The building appears largely intact but with new windows.

Permits issued by the Department of Buildings in late-December indicate that 337-339 Lafayette is amidst conversion to commercial use only. The Certificate of Occupancy is being updated to change from storage/factory to full retail. Said retailer is rumored to be the Nike-KITH collaborative endeavor, the sneaker emporium that currently operates a semi-permanent pop-up down the block on Broadway. Contractors onsite previously told us that it’ll reportedly open in about eight months’ time, and stake claim to the entire footprint.

As previously reported, the A.J. Muste Institute sold 337-339 Lafayette to real estate baron Aby Rosen for $20.75 million in October 2015. It owned the icon since 1974. The cobbling of boutique retailers on the ground level – whose rents helped sustain the Institute and its anti-war compatriots – all departed shortly thereafter. The rag-tag collection of organizations – War Resisters League, Global Revolution TV, Socialist Party USA, Paper Tiger Television, and other progressive groups – have since relocated to 168 Canal Street.

Recent Stories

Report: Tenant Files Lawsuit Over Alleged Roach Infestation at 261 Broome Street

A new tenant at 261 Broome Street filed a lawsuit against the landlord, claiming that an alleged roach infestation forced her to leave after only four days on-premise back in June. The complaint, filed this week in Manhattan Supreme Court by Julia Perry, alleges that the infestation was so severe that the critters even found […]

‘Douzo’ Sushi Opens on Delancey Street

Two years after the closure of Berkli Parc, the southwest corner of Allen and Delancey Streets is finally active again. The plywood shed was recently removed to reveal terra-cotta marquee and identity of the next tenant – Douzo. For the new venture, Sushisamba veteran Koji Kagawa teamed up with Chatchai Huadwattana of the Chace Restaurant […]

‘The Modern Chemist’ Chain Opens LES Outpost at East Houston and Orchard

Trendy local chain, The Modern Chemist, now has a presence on the Lower East Side. The company just debuted this new outpost in the other half of what was once American Apparel at East Houston and Orchard Streets. A sandwich board out front advertises the new opening. The Modern Chemist, which counts three other locations […]

Thirsty Customer Robs 7-Eleven on Delancey Street

A customer of the Delancey Street 7-Eleven robbed the store after not having enough cash for beer, police said. Early yesterday morning, a thirsty crook came up to the counter to pay for a few beers, then stole them anyway. He only had $5 and refused to pay for the other groceries. The suspect then […]

Two Buildings at Rivington and Suffolk Hit the Market for $12M

A pair of Lower East Side tenements in the orbit of Essex Crossing is now in the proverbial crosshairs. Both are on the market for a collective $12 million. The two properties are located around the corner from each other at Rivington and Suffolk Streets, and combine for 17,684 square-feet of floor area. The four-story […]