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

Help Support Gem Spa on St. Mark’s Place Tomorrow

A perfect storm of misfortune has plagued the Gem Spa these last few months, causing a precipitous loss in business. From landlord issues to the temporary ban on cigarette sales and the loss of Zoltar, it’s hitting the bottom line. Fear of forever closure is palpable at 131 Second Avenue. The plight of the East […]

With Champ Depot Out, Bowery Corner Gains Another Gallery

For more than a decade, the Champ Depot restaurant supply company occupied 176 Bowery. Now, its former home is completely empty and fetching for a new deep-pocketed tenant. There is a torrent of listings on Craigslist fishing for suitors (“last corner retail in Nolita”), yet one was already found to occupy the second floor. It’s […]

‘Partybus Bake Shop’ Parks itself on Essex Street

A different kind of party bus is rolling into the Lower East Side this fall. One ostensibly without the drunken mess. It’s Partybus Bake Shop, an artisanal bakery opening in the former Chinese seafood wholesaler at 31 Essex Street. Upon debut next month, expect a “rotating seasonal menu [of] classics including breads, pies, and cookies […]

Scaffolding Finally Deposed from the DL

It’s trading one eyesore for another. The longstanding scaffolding attached to the facade of The DL on Delancey Street is finally gone. Workers deposed the iron appendages earlier this week. You’ll recall that in July 2016,  a chunk of exterior dislodged from 95 Delancey and tumbled to the sidewalk below. The structural collapse resulted in […]

COLORS Restaurant Announces Return to Stanton Street 2 Years After it Closed Down

Two years after COLORS restaurant shuttered, news comes down the pike of its revival. COLORS moved from NoHo to 176 Stanton Street in the winter of 2017, but didn’t quite make a dent. It closed within months of opening. Now, a report that it’ll return sometime next month. The announcement arrived yesterday, on the eighteenth […]