Nearing Completion, Streit’s Matzo Condo Almost Fully Glassed
In the few years since Streit’s Matzo departed the Lower East Side, the former unleavened ground has given rise to this seven-story haven for the one-percent. The shiny new condo development at 45 Rivington Street topped out back in February, and is now sporting some skin. Almost completely encased in blue-and-white glass.
As previously reported, the family-owned Streit’s Matzo business sold its original factory at 148-154 Rivington Street to Cogswell Realty in January 2015 for $30.5 million. This glassy 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.
As of today, there are still seven apartments available, ranging in price from $1.1 million to $2.9 million.
Matzo Factory operations are now headquartered upstate in Rockland County.