The Tower at MOSCOT’s Old Orchard Street HQ is Now Above Ground

Posted on: December 6th, 2018 at 5:08 am by

Six years after MOSCOT moved across the street, the multimillion-dollar cause of its ousting is slowly ascending.

We’re talking, of course, about the twelve-story tower currently under construction at the northeast corner of Orchard and Delancey Streets. Foundation and underpinning work recently wrapped, and the superstructure skeleton is now poking above the plywood. Sitting at a roughly two-story height.

As previously reported, owner-developer David Escava of Helm Equities purchased 118 Orchard (aka 86 Delancey) in 2012 for $4.8 million. Moscot later fled its home of eighty years (a story first told by Bowery Boogie) but was quickly replaced by the Wallplay creative agency, which curated a revolving door of art and music-related stunts.

It wasn’t until early 2017 that 86 Delancey Street met the proverbial wrecking ball. And then another year for actual construction to commence on the 120-foot luxury development. The mixed-use newcomer will boast 29,437 square-feet of total floor area split between residential and commercial. There are twenty-four rentals planned, per public records – floors three through eight will carry three units each, with duplexes rounding out floors nine through twelve. Balconies are also part of the equation. The ground-level retail space is 5,769 square-feet, and zoned for “use group 6,” which includes a restaurant. There is also a rooftop “recreational area” listed in the proposal.

Fits right in with the new class of Hell Square…

Recent Stories

Are We Really the Fairest Big City with a Mayor for the 1%? [Op-Ed]

The following editorial was written by David Tieu on behalf of Youth Against Displacement, a group formed by youth across the City who aim to stand up against the Mayor’s pro-developer agenda and protect our communities from displacement. Last week, New Yorkers were greeted with two new proposals from the de Blasio administration: a “municipal […]

‘The Forward’ Ceases Print Publication After 121 Years

The Forward will do so without its print edition. The 121-year-old Jewish-American publication, founded as the Yiddish language Jewish Daily Forward on the Lower East Side in 1897, suspended print operations this week and will refocus efforts toward its online verticals. As a result, forty percent of the staff was reportedly laid off, including editor-in-chief […]

RIP Lower East Side Man in White, ‘Jimmy Blanco’

It’s a sad day for the Lower East Side. Jimmy Becker, known colloquially as “Jimmy Blanco” for perennially roaming the streets dressed in all white, passed away this week after a battle with Lymphoma. It’s believed he was about 69 or 70. Apparently, a neighbor in his building called EMS a couple weeks ago after […]

Tictail Brick-and-Mortar Market on Orchard Street Goes Under

Tictail officially closed down its Lower East Side market last month. The former shop at 90 Orchard Street is now a vacancy with the token farewell letter on the door. This retail surrender follows just a short while after the Swedish startup’s high-profile acquisition by Shopify. As for what’s next, expect nightlife of some sort. […]

More on ‘Gouie New York’ Sake Bar at the Market Line

The team behind Itzakaya, Davelle, and Samurice is multiplying again on the Lower East Side. More specifically, joining the ever-swelling roster of the Market Line concourse at Essex Crossing. As previously reported, the entity is to be a Japanese sake bar called Gouie New York. And now we have some additional details, including sample menu […]