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
Another Events Space Called SOMMwhere Rises on Ludlow Street
Once an events space, always an event space. That’s the story at 48 Ludlow Street where a new one just opened. What was the Koala Farm studio for a brief moment is now SOMMwhere. It opened last weekend, pitching itself as a “stylish and sustainable escape” for your next shindig. The media advisory is longer […]
Croman’s Amato Opera Building on the Bowery Welcomes ‘Kissaki’ Sushi Next Month
The onetime Amato Opera on the Bowery – renovated and upscaled years ago – will get a high-end sushi restaurant called Kissaki. Eater reported this week that former Gaijin chef-owner Mark Garcia is behind the 26-seat Omakase venture at 319 Bowery. The Omakase menu will cost $160 for twelve pieces of Nigiri and four kaiseki-style […]
This Guy and Girl Stole a Locked Bike from Inside Orchard Street Building [VIDEO]
A man and his girlfriend were caught on camera Thanksgiving night while stealing a locked bike inside an Orchard Street apartment, the victim tells us. Surveillance video from inside 78 Orchard shows a couple enter the building – perhaps buzzed in by a neighbor – then pause for a moment. In a cavalier move, the […]
‘Peasant’ to Stay on Elizabeth Street Under Chef Marc Forgione
So, it turns out that Peasant will remain on Elizabeth Street, after all. But under new ownership. One month ago, we reported that founding chef-owner Frank DeCarlo reportedly decided against renewal. An apparent change of heart unfolded in the interim… The New York Times this week disclosed that DeCarlo sold the business to Marc Forgione, […]
Longtime Orchard Street Laundromat Felled by Rent Hike
A longtime laundromat on lower Orchard Street is set to close by year end. The Orchard Cleaner and Laundromat is counting the days to December 31, after which its lease reportedly expires. A purported rent hike for the renewal is the cause behind this latest closure. However, details regarding the percentage increase are not immediately […]
