Demolition of Long-Dormant 11 Essex Street Underway
Dormant and decaying for years, the tenement at 11 Essex Street is at its end. Demolition is currently underway. Erasing a structure carrying 112 years’ worth of history.
Death shroud is firmly affixed to the facade, as workers begin dismantling the building. It’s the first tangible activity onsite after a decade of dormancy.
As previously reported, real estate scion Sion Misrahi parted with the neglected property in August of 2017 for $11.4 million, sixteen years after his acquisition and subsequent liquidation of the predominantly low-income tenants (purportedly under the guise of emergency repair work).
The new owner (11 Essex Realty LLC) will impart an eleven-story replacement “catering to young professionals,” in its own words. It’ll sport thirteen one-bedroom and three two-bedroom micro-units, plus a full-floor Penthouse. Each tiny apartment will reportedly feature a “large expanse of windows and disciplined flow of spaces” to make apartments appear larger than reality.