Eldridge Street Development Listed for $21M
Photo: Compass
With Essex Crossing almost completely operational, the trend is to cash out. Specifically those building owners orbiting the billion-dollar development, who can now command top price.
The eight-story development at 165 Eldridge Street, north of Delancey, is next up. The seventeen-year-old housing complex hit the market last week (via Compass) for a whopping $21 million. It’s a market-rate elevator property with eighteen apartments – 12 one-bedrooms, 4 two-bedrooms, and 2 three-bedrooms. There is also a 15,000 square-foot commercial space, currently occupied by the Chinese-American Planning Council for its career center.
165 Eldridge is located on a block dominated by houses of worship – three churches and a mosque between Rivington and Delancey.
Recent Stories
An Art Show to Benefit the Educational Alliance
A new art exhibit to support the Educational Alliance and its Manny Cantor Center kicks off this weekend. Drawing inspiration from the recently-deposed Hester Street Fair, “CONTINUE TO BE” is a celebratory show welcoming the warmth and hope of springtime in the city, featuring both new and old work from local photographers who have documented life […]
Clayton’s Corner: Shine a Light on the Dark
Since the outset of the coronavirus pandemic, nights are especially dark on the streets of the Lower East Side. Fewer businesses, less activity, less overall light. In this latest installment of Clayton’s Corner, the neighborhood documentarian shines a light on the darkness.
City Officially Breaks Ground on $1.45B East Side Coastal Resiliency Project
After an initial delay, the contested $1.45 billion East Side Coastal Resiliency Project is set to break ground in the coming days. All against a backdrop of legal filings and vociferous community opposition. “Building a recovery for all of us means fighting climate change and investing in resilient communities,” Mayor de Blasio stated in a […]
The ‘Goodnight Moon’ House on Orchard Street
On lower Orchard Street, there was a telephone, and a landlord tycoon, and an art show depicting … Goodnight Moon. Hosted by Fort Makers, the new exhibit at 38 Orchard brings Margaret Wise Brown’s 1947 children’s book Goodnight Moon to life, via a three-dimensional installation. “Goodnight House” is the work of fourteen commissioned artists who […]
Grassroots Campaign Afoot to Remove Susan Stetzer from CB3 District Manager
Clearly, someone has a personal vendetta against Susan Stetzer, the longtime district manager of Community Board 3. Several wheat-paste posters surfaced on street surfaces around the neighborhood this week, demanding “Susan Stetzer out now” and to “clean up CB3.” The action appears part of a larger (anonymous) campaign to educate the neighborhood about the toxicity […]
