Foundation Nearly Complete at Streit’s Matzo-Replacing Condos

Posted on: November 1st, 2017 at 5:00 am by

The Streit’s Matzo Factory buildings on Rivington Street are now just another footnote in Lower East Side history. Eliminated from the block between Suffolk and Clinton Streets seven months ago, ushering in another wave of area gentrification. That of a glitzy glassy eyesore.

The heaping piles of splintered wood and strewn rubble have since been cleared away, an exercise that lead to a big dig. Foundation and underpinning work followed over the summer and we are now seeing some major progress. Peering through the blogger portals in the plywood, it’s clear that the development is almost at street level.

As previously reported, The family-owned Streit’s Matzo sold 148-154 Rivington Street to Cogswell Realty in January 2015 for $30.5 million. This new seven-story replacement consists of 45 one-, two-, and three-bedroom condos, including four duplex penthouses on the seventh/eighth floor. Building amenities include bike room, gym, laundry, storage, and rooftop terrace with outdoor fireplace and kitchen.

For its part, Streit’s Matzo is still going strong. The Rockland County factory – the facility purchased after selling 148-154 Rivington Street – is up and running. However, this year’s Passover production was again baked and fulfilled at their facility in Moonachie, N.J. Facility.

And as a refresher. Here’s to your future.

The Streit’s replacement

Recent Stories

City Honors Sun Yat-Sen with Plaza and Permanent Statue in Columbus Park

Mayor de Blasio, Councilwoman Margaret Chin, and other politicians this week dedicated a slice Chinatown’s Columbus Park to Dr. Sun Yat-Sen. This past Tuesday, what would have been the 153rd birthday of the founding father of China, also marked the return of the bronze statue after the city excavated a new permanent home. The area […]

Enter the ‘Lion’s Den’ with Lee Quinones on Delancey

An iconic handball mural from one of the local greats is again on display. Strolling down Delancey Street this past week, you may have noticed the fifteen-foot replica of Lee Quinones‘ “Lion’s Den” mural. It’s fastened to the facade of the James Fuentes Gallery as part of his one-man show there. The “Lion’s Den” dates […]

Essex Crossing Adjacent Properties on Ludlow Street Fetch $12M

Change may soon come to the Chinese food wholesaler at 89-91 Ludlow Street. The dual property just changed hands this month for $12.3 million. Buyer of record is an LLC linked to Brooklyn’s Xiaoling Huang. The two parcels in question, comprising a three-story commercial building and the adjacent lot where wholesaler C&L Restaurant Supply currently […]

LES School Again Raising Money to Buy Thanksgiving Turkeys for its Students in Need

For the second year in a row, the folks at P.S. 140 Nathan Straus School are giving back to the community this Thanksgiving. This time, the PTA is doubling down, aiming to donate 200 turkeys to students and their families in need for the upcoming holiday. So far, $540 of the $4,000 goal has been […]

‘Country Of’ Boutique Delivers Vintage Ephemera to Essex Street

Retail veterans of the Hester Fair continue to pollinate vacant storefronts on the other side of the street. Two in just the last few weeks, in fact. Partybus Bakeshop soft-opened on Tuesday. Down the block, Country Of also joins the fray. Country Of is a small pop-vintage boutique which took over the short-lived Cafe Grumpy […]