Longtime Zipper Store Leaves Lower East Side After Nearly 80 Years
For the first time in nearly eighty years, the A. Feibusch zipper wholesaler (aka Zipperstop) is no longer operating on the Lower East Side. The local business recently relocated from its longtime Allen Street shop.
Leasing banner is now draped across the entrance to the store, which is itself emptied.
The tea leaves foresaw this outcome back in November 2017, when a real estate listing for 27 Allen first hit the market. The three-story relic was pitched as a “development opportunity” for $6 million.
It sold last August for a discounted $5 million to Lin Huang of USCNTV Ltd. Seller of record was Jacob Sherman, whose family owned the property since at least 1974. So far, there are no applications or permits with Department of Buildings for demolition or redevelopment, but that will likely change.
A. Feibusch is now headquartered on 41st Avenue in Long Island City, according to the official website.
The Zipperstop business is run by nonagenarian Eddie Feibusch, who had been at 27 Allen Street since 1982. His business moved that year from its original location at 111 Hester Street, where it had been since December 1941 (the month Pearl Harbor was attacked).