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

Black Seed Bagels will Reopen on Elizabeth Street Next Month

One month after an early-morning fire ripped through the original Black Seed Bagels in Little Italy, the business is on the mend. And might reopen sooner than initially expected. As in next month. On March 7, a fire sparked on-premise and knocked out the whole bagel operation. Firefighters were successful in extinguishing the blaze and […]

Tsaôcaa & Bào Bubble Tea Spot Opens on Ludlow Street

Three months after the Thai ice creamery, Juicy Spot, faded from Ludlow Street, another snack shop is now operational. This time, the M.O. is all things bubble tea. Tsaôcaa & Bào recently opened at 109 Ludlow, just north of Delancey Street. It describes itself as a bubble tea business that “strives for ultimate freshness and […]

Time is Short for the Longtime Subway Florist of 14th Street

With the rebranded L train “slowdown” one day away, time is slim for the longtime subway florist on 14th Street. Our roving photographer – Lower East Side native Robert Carmona – caught up with the subterranean peddler last month to learn the latest. Periklis Tsoumas, who has been at the 1st Avenue and 14th Street […]

Report: Tenement Museum Workers Unionize

The front-facing staff of the Tenement Museum, after many failed attempts throughout the years, have finally agreed to unionize. A vote was held last week in which all education, retail, and visitor services employees mobilized to join Local 2110 UAW (United Auto Workers). The measure passed by a 96% margin. The vote was spurred by […]

Sunshine Cinema Signage Carted Away

Sunshine, sunset, swiftly goes the demolition. Indeed, no sooner did the sidewalk bridge appear at 141 East Houston Street than workers deposed the Sunshine Cinema neon lettering. We’re told that a van carted the signage away yesterday. Co-owner-developer East End Capital did not return our request about the fate of the letters. Meanwhile, the demolition […]