Arrested Development: New 14-Story Hotel on Eldridge Street Stalls

Posted on: March 27th, 2019 at 5:03 am by

Reactivated, then deactivated.

One year later, there isn’t much to show for the incoming hotel at 79 Eldridge Street. It was February 2018 that construction commenced on the new 14-story lodge.

And here we are; the superstructure is barely out of the ground at a height of about two stories. It’ll eventually hit fourteen floors and carry 48 rooms; there is also 1,243 square-feet of floor area earmarked for a community facility of some sort.

Of course, it doesn’t help that the project site has fallen prey to several stop-work orders from Department of Buildings.

Estimated completion date, according to worksite signage, is “winter 2021.”

This is a long time coming for 79 Eldridge Street. The private parking lot was on the open market for three years before the corporate shell “Eldridge Hotel LLC” shelled out $5.3 million for the parcel in 2016.

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