Up Against Essex Crossing, this Tenement is Now on Market as ‘Development Site’

Posted on: December 19th, 2017 at 5:11 am by

Literally up against Essex Crossing, the through-block tenement at 83 Essex Street (aka 90 Ludlow) remains on the market as the proverbial “development opportunity.”

Grand Success Realty (Tzippy Wexler) and Bowery Management (Daniel Fong) partnered to rep this 4,170 square-foot property, and have been doing so for at least the last seven months. No takers to date.

According to a media advisory, Wexler and Fong are “getting ready to finalize bids coming due the first week of January 2018.”

The building sits directly adjacent to Site 1 of Essex Crossing, a mixed-use development that brings with it condos, the International Center of Photography, and Splitsville Lanes bowling alley.

This is probably just the beginning of a potential chain effect. Don’t be surprised if there’s a major property sell-off once more of Essex Crossing goes on line.

83 Essex Street is a commercial property that predominantly acts as storehouse for street vendors and their cooking trailers.

Recent Stories

7-Story Matzo Factory Condos Top Out on Rivington Street

The Streit’s name hasn’t held court on the Lower East Side since demolition of 148-154 Rivington Street commenced in the summer of 2016. Now, in its place, teaser signage for the upper crust newcomer which just topped out last week. The token signal of apex – an American flag – was planted atop the seven-story […]

Homeless Man Found Dead this Weekend in Parked Van on Delancey Street

A homeless man was found dead on Saturday afternoon in a parked van on eastern Delancey Street. Police sources tell us that the owner of the van had allowed the homeless man to sleep in the vehicle, which was parked at the southeast corner of Pitt and Delancey Streets. (Like in the movie With Honors.) […]

100 Norfolk Penthouse Sells for Record Setting $6.73M

The cantilevered box of condos at 100 Norfolk Street debuted late last year, and became an instant eyesore, following in the grand tradition of Blue just across the street. Now, word is circulating that its crown jewel penthouse just closed for an eye-popping $6.73 million. The real estate PR machine is calling this transaction the […]

Little Italy Church Rectory Hits the Market as $14M Development Site

The dying carcass of Little Italy continues to get picked apart. Mere days after a devastating fire knocked out Angelo’s on Mulberry Street comes word that the Most Precious Blood Church is selling its rectory. (The church itself is on Baxter Street.) The fifty-foot-wide property in question, located at 109 Mulberry Street, currently houses the […]

Teen Chef Flynn McGarry Opens his ‘Gem’ on Forsyth Street

He’s nineteen-years-old and has the food industry smitten. Teen chef prodigy Flynn McGarry this week opened a new Lower East Side restaurant on Forsyth Street called Gem. It’s a dining concept with split personality, offering both a coffee shop vibe (like it’s predecessor Cafe Henrie) and place for deep-pocketed tasting menu seekers. The Living Room, […]