The Hadid Clan Really Wants to Live in Hell (Square)

Posted on: April 1st, 2019 at 5:09 am by

Sister models Gigi and Bella Hadid, along with their model mother Yolanda, might together take up residence inside Ben Shaoul’s gold-bricked development at 196 Orchard Street. The family has been searching for a Lower East Side residence that can accommodate this “compound” lifestyle. Hell Square could be the place.

According to a tabloid bit in the New York Post last week, the Hadids might combine a 1,500-square-foot, two-bedroom unit with a large terrace ($4.2 million) with a 2,048-square-foot, three-bedroom unit with a separate terrace ($6.5 million).

Gigi Hadid, for her part, is no stranger to Lower East Side living. She once lived at 250 Bowery, but sold her apartment back in 2016.

The mixed-use project at 196 Orchard took nearly five years from start to finish. Landlord Ben Shaoul, along with Real Estate Equities Corp., together purchased the gargantuan assemblage of twelve single-story stores in 2014 from the Magnano family (which owned and operated the Ray’s Pizza), plus the valuable air rights from Katz’s Deli, for a combined $75 million. (Katz’s Deli reportedly made off with $17 million of the total.)

Recent Stories

Ode to the Doomed Trees of East River Park [OP-ED]

The following editorial was written by Lower East Sider, Barbara Katz Rothman. There’s something truly sad about the sight of a dead tree. Look at that photo of the tree killed by the storm last week. We think of trees and use them as metaphors, so often, even by “urban types” like me who actually prefer city skylines […]

Essex Crossing Starts Leasing at The Artisan with Rentals Topping $3,000

Essex Crossing this month announced the start of leasing at its latest luxury tower – The Artisan. Located at 180 Broome Street, this beast is the largest building at the nine-site project. Its floors contain office and retail space, as well as access to the Market Line, which is gradually reopening from the pandemic shutdown. […]

Cop Injured in Hit-and-Run at Rivington Street Open Dining Area

Police are on the hunt for a Mercedes Benz driver who struck an officer on duty patrolling the “open dining” area at Rivington and Allen Streets. The car was reportedly heading the wrong way on Rivington Street at 4:00am Tuesday morning when it struck an open street dining area near Sauce. Patrolling police confronted the […]

East Broadway Bodega Held up at Gunpoint

Two men held up a Lower East Side bodega at gunpoint this past Friday, police said. The suspects – described as African American males – entered the He Xie Grocery at 154 East Broadway at approximately 6:47pm, drawing firearms and demanding cash. They made off with $1,500, and fled on a moped. Surveillance video from the […]

Mayor de Blasio Visits Chinatown, Eats at Wo Hop in Publicity Stunt

Mayor de Blasio visited Chinatown yesterday to push the message that “New York City is open for business (and delicious).” His publicity stunt included an entourage of six commissioners from various administration posts (Human rights, International Affairs, Consumer Affairs, Immigration, Media, Small business). The tour began with greetings at the Chinese Consolidated Benevolent Association, then […]