175 Ludlow Street Sells to NJ Steel Supplier

Posted on: February 23rd, 2018 at 5:03 am by

Lately, real estate is trading rather briskly in the confines of Hell Square. At least four area buildings sold since last summer. Time to add another onto the heap.

Word crossed our desk this week that 175 Ludlow Street, just south of Houston, likewise changed hands. Residents there received a notice from the new ownership confirming the transaction. It indicates that seller “175 Ludlow LLC,” which purchased the property in 2013 for $5.33 million, unloaded the five-story walkup to Easton Industrial Affiliates (aka Tco Metals) out of Princeton, New Jersey. As the name suggests, this company is apparently a steel supplier (diversifying its assets?).

It’s unclear at the moment how this will affect the tenants living at 175 Ludlow or the ground floor restaurant, Taverna di Bocco.

Meanwhile, the sale has not yet hit public records.

Recent Stories

Entrance to Broadway Lafayette Goes Under the Knife (Again)

One of four main entrances to the Broadway-Lafayette subway station just (partially) closed for an extended period. The shutter, albeit temporary, is the second time for this particular stairwell in the two years since development began at the southwest corner of Lafayette and East Houston. A large sign on the sub-level landing announces the closure […]

An Elon Musk Space on Rivington Street?

Until 106 Rivington Street fulfills its destiny as the next Hell Square nightspot, this. A tunnel construction company? A tipster was out front last night and snapped a few photos before security stepped in. Below a “boring” neon sign, the sparse space is occupied by something called The Boring New York Company. There is a […]

Man Repeatedly Slashed on Rivington Street Yesterday Morning

When someone asks you if you’re a gang member, just keep walking… Early yesterday morning, at around 5am, a man was slashed across the torso near the corner of Rivington and Ridge Streets. Police said that two assailants, male and female, approached another guy and asked if he was a gang member. When the victim […]

My Time Recording the Buzzcocks’ Pete Shelley During his Lower East Side Years

Beloved Buzzcocks frontman Pete Shelley passed away of a suspected heart attack last week (December 6). Ken Lockie, singer-songwriter and sometime collaborator with John (Rotten) Lydon of Public Image Ltd., fondly recalls his time behind the board with Shelley thirty years ago in Williamsburg and on the Lower East Side. Pete Shelley was a charming, likable, […]

Cristin Tierney Gallery Takes Space on the Bowery

The decade-running trend of Chelsea gallery refugees quartering on the Lower East Side continues with news of another. The Cristin Tierney gallery just signed a lease to take over 219 Bowery. It sits one store south of the Camper Lab concept shop, both of which formerly comprised the Chair Up restaurant supplier. Tierney, who had […]