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

Another Look at the Remodeled DeSalvio Playground in Little Italy

Two years of construction, and a decade of advocating, finally let up. About a month ago, Little Italy locals scored early access to a reinvigorated DeSalvio Playground on Spring Street ahead of the “official” opening. The upgraded park at Spring and Mulberry Streets includes a curved seating area with benches, basketball court (with two hoops), jungle gym […]

Report: Teen Boosts Taxi from LES and Attempts Drive to Six Flags

If you’re gonna steal the car, don’t pull over for R-and-R. Police say that 19-year-old Jonathan Gualpa boosted a taxicab parked on the Lower East Side early Tuesday morning and attempted to drive it down to Six Flags Great Adventure in New Jersey. The vehicle was reportedly still running at 5:45am when the teen hijacker drove […]

Neighborhood Group Sues the City to Stop New Towers in Two Bridges

Three months after first leveling the threats, the Lower East Side Organized Neighbors (LESON) has filed a lawsuit to stop four new towers (as part of three developments) from sprouting on the Two Bridges waterfront. The community organization partnered with the Asian American Legal Defense Fund to take the fight to the city. LESON has […]

Man Hit in the Head with Baseball Bat, Robbed on Broome Street

Some crime to report on the new doorstep of Essex Crossing. A man on the eastern fringe of Broome Street was clocked in the head with a baseball bat, and then robbed of his computer, police said. The victim was apparently on his way to a date Monday afternoon when he was struck on the […]

Martin Keehn Boutique Celebrates New Home on Ludlow Street

Menswear designer Martin Keehn began selling on the Lower East Side nine years ago. The boutique occupied a unique fractional address across from Seward Park – 27 1/2 Essex Street – until last summer. The eponymous store made the move around the corner to 53 Ludlow Street back in August. (This was the former home […]