Major Construction Resumes at Long-Stagnant ‘Allen Street Hotel’

Posted on: September 19th, 2017 at 5:07 am by

Take a look at the Allen Street Hotel, now renamed The Allen. Black netting is slowly crawling up the facade as major construction work is now reactivated. Yes, those words were mentioned in the same breath as this development.

Make no mistake, either. This is a watershed event in the life of this zombie development. It’s the first real progress onsite since February 2011.

There are some additional details to share about the sixteen-story, 98-key lodge. Assuming the necessary slate approvals go through, there will also be “multiple restaurant outlets” onsite, including a rooftop cocktail bar and a restaurant on the corner of Allen and Rivington that includes a second-floor terrace and hotel restaurant/bar venue.

Below is an updated rendering of The Allen.

Photo: Kalimian Equities

We are told that the development remains on track for mid-2018 delivery, as far fetched as that sounds. For those keeping score, upon launch, it will have been ten years since the project first began. Ten fuckin’ years, if you can believe it.

The Allen Street Hotel is one of the last holdovers of the pre-meltdown era that remains incomplete. You’ll recall that the building 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.

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 Morry Kalimian of Elk Investors. The duo paid $30.75 million for the incomplete development. Moinian is no longer part of the project, though, leaving Kalimian as sole developer.

Recent Stories

The ‘Prestige’ of Tagging the Bowery Mural Wall

The four-month tenure of Tats Cru at the Bowery Mural Wall has concluded. A change of the guard is happening as we speak. The Wall was whitewashed yesterday. And it didn’t take long at all for a tagger to go big with spray-paint script spelling “Prestige.” Whomever is behind it left a trail of paint […]

65-Year-Old Man Jumps to His Death from 6th Floor of Seward Park Co-op

A 65-year-old resident of the Seward Park Co-op reportedly leaped to his death early Tuesday morning. According to the police report, the man jumped from the window of his sixth-floor apartment at building 4, west of Clinton. Officers from the 7th Precinct responded at 7:47am, and found him unconscious at the scene. Further investigation into the […]

Open Call for Muralists to Decorate First Street Green Art Park

Centre-fuge, whose popular art trailer was deposed last summer after seven years, is seeking muralists to paint part of the First Street Green Art Park. The group put out the official request for proposals yesterday morning. There are seven fence-canvases available for the taking. Artwork is curated on a rotating basis, so this next batch […]

Mulberry Market Signage Goes up in Little Italy

Months delayed, the forthcoming Mulberry Market finally has something to show for itself. Store signage was installed yesterday above the entrance to the highly-anticipated supermarket (stylized as MulberryMARKET). The new marketplace is apparently a “family business” that is years in the making. It replaces the decades-old MET Food, which was unable to negotiate favorable lease […]

DOT Announces More ‘Asphalt Art’ for Chinatown Seasonal Streets

For the second year running, Doyers Street is the recipient of the alliterative Asphalt Art. The Department of Transportation’s Temporary Art Program (DOT Art) is again joining forces with the Chinatown Partnership to paint the former “Bloody Angle.” Hangzhou artist Chen Dongfan was the first to paint the area last July, imparting a 4,851 square-foot mural […]