Demolition Nigh Ahead of 10-Story Office Building at 171 Bowery

Posted on: June 7th, 2019 at 5:02 am by

Time has come for more destruction and development on the Bowery. Next up is 171 Bowery.

Demolition permits were filed with the Department of Buildings last week. The first step in a new, gilded future for this property.

You’ll recall that the four-floor tenement walkup hit the market for $12.5 million three years ago, yet sold for about $4 million less than asking price in June 2017. The property had been pitched as a development opportunity, and now the current owner – Grant Shapolsky – is finally following through.

Plans were filed with Department of Buildings at the end of January to construct a ten-story tower onsite. The floor area is dedicated solely to offices, with 18,713 square-feet of commercial space and a terrace. Yet, as of this writing, the plans remain in a disapproved status.

Interestingly, Shapolsky found some fame (or notoriety) twelve years ago with Crush, a nightclub expressly for and by teenagers. Very smart, very privileged teenagers.

Recent Stories

These 3 Developments Threaten to Sever Chinatown Traffic Arteries in the Coming Years [Op-Ed]

As if the climate wasn’t dire enough for Chinatown businesses and residents amidst the pandemic, a proverbial perfect storm is brewing. Long-suffering Chinatown businesses, like much of the city, are encouraged by the loosening of indoor dining restrictions and remain hopeful for a return to some level of normalcy. However, it could be short-lived due […]

Community Lawsuit Halts City’s Chinatown Jail Plans

The Borough-based jail plan hit another major snag this week, with a grassroots lawsuit blocking the proposed Chinatown prison. Neighbors United Below Canal, a community organization, announced yesterday that its lawsuit won an injunction against development of the thirty-story high-rise at 125 White Street. Judge John Kelley ruled in favor of the community, noting that […]

Chinatown Fair Arcade in Danger of Eviction

During pandemic times, sharing buttons on game cabinets and sweating over dance games poses a difficult challenge for the remaining brick-and-mortar arcades. Especially the Chinatown Fair Arcade down on Mott Street. No stranger to survival – the 77-year-old arcade had shut for over a year before its revival in 2012 – Chinatown Fair now faces […]

Subway Tribute to Late Supreme Court Justice Ruth Baden Ginsburg

Less than 24 hours after Supreme Court Justice Ruth Bader Ginsburg died, the street memorials started popping up around the city. Indeed, the artist largely known for manipulating city-issued signage (e.g. Aretha Franklin) struck again Saturday afternoon with a tribute to the late justice. This time, at the 50th Street subway station on the Eighth […]

Get a Piece of Mission Chinese Food Before it Closes

Mission Chinese Food is permanently closing its flagship restaurant on the Lower East Side, as previously reported. It lasted nearly six years on East Broadway before coronavirus imposed the business, like so many others. And now Mission is selling off some of its furnishings and ephemera with a stoop sale today. Items include restaurant equipment and […]