Real Estate

Zara Looks to Legalize its Oversized SoHo Flagship Store

Posted October 16, 2019 at 5:07 am

The flagship Zara store on Broadway is hoping to legalize its SoHo footprint by altering the current zoning. Zara, which purchased the commercial condo at 503 Broadway in 2015 for $284 million, occupies a much larger footprint than what is permitted under the current zoning. (Former location of Old Navy from 1998 to 2015.) Once […]

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B Bar on the Bowery Now a Development Site as Owner Sells $59.5M Interest

Posted October 16, 2019 at 5:00 am

Seems fitting that the bar integral to the Sex and the City story will fall victim to the forces of gentrification. B Bar & Grill (aka Bowery Bar) owner Eric Goode – whose hospitality credits also include the Bowery Hotel, Ludlow Hotel, and the Jane Hotel – is apparently co-developing the site for a much […]

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What Can We Learn from the Deltares Coastal Resiliency Report?

Posted October 15, 2019 at 5:06 am

The short answer is – not much. Last week, the city released the Deltares Report, a 68-page review of the East Side Coastal Resiliency Project that had been commissioned by Manhattan Borough President Gale Brewer and Councilmember Carlina Rivera in early September. The summary describes it as a “review of the concerns surrounding the ESCR […]

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Permits Filed for 30-Story Bialystoker Tower on East Broadway

Posted October 15, 2019 at 5:00 am

Two months after the former Bialystoker Nursing Home began its path to a gilded future, the birth of more luxury on the east flank has begun. Round Square Development (née Ascend Group) filed the first permits last week to construct a thirty-story tower at 232 East Broadway. It’s a jagged mess of condos that will […]

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Bank of America Plants itself Beside Destroyed Sunshine Cinema

Posted October 11, 2019 at 5:03 am

With a commercial office building rising on the ashes of the Sunshine Cinema, it’s no wonder that a retail bank is moving in next door. Bank of America is planting itself in the long-fallow shop at the southwest corner of East Houston and Eldridge Streets. Work permits on file with the Department of Buildings give […]

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T-Mobile is Closing its Delancey Street Store

Posted October 10, 2019 at 5:06 am

Lots of retail turnover on Delancey Street this month. Earlier this week, we broke news of Rainbow’s imminent departure from the thoroughfare after more than a decade in the neighborhood. Today, it’s the loss of another corporate footprint. Though, one with arguably less utility. The eleven-year-old T-Mobile outpost, essentially an advertising expense for the wireless […]

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Faerman Cash Registers Closure Scare on the Bowery [Updated]

Last modified October 11, 2019 at 2:18 pm

A Bowery relic is no more. Faerman Cash Register Company just closed the till for the last time, as it were. Tipsters wrote in to say that showroom at 159 Bowery is clearing out; the gates were drawn yesterday afternoon. Update: the store is not closed. They were observing Yom Kippur As previously reported, 159 […]

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DOB Steps up Campaign Against Illegal Half-Floor Subdivisons in LES Tenements

Posted October 9, 2019 at 5:08 am

The city is stepping it up with its campaign to warn Lower East Side residents about illegal conversions of living spaces. The sudden push follows the high-profile Department of Buildings inspection of 165 Henry Street in August, which uncovered units split into illegal “half-floors.” Tenants were found residing in SRO spaces with four-and-a-half foot ceilings. […]

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Rainbow Discount Store Closing After More than a Decade on Delancey Street

Posted October 8, 2019 at 5:00 am

When the deep discount signs (“Everything must go!”) appeared in the windows of 110 Delancey Street this month, it signaled the inevitable. Rainbow is closing down the Lower East Side store. Employees tell us that the lease expired, and there is no renewal. This particular store has been at 110 Delancey for well over a […]

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East River Resiliency Timeline is Changed, but Where the Hell is the Deltares Report?

Posted October 4, 2019 at 5:06 am

The following Bowery Boogie guest piece was written by contributor Aidan Elias. On Wednesday afternoon, Mayor de Blasio announced an about-face with regard to timetable of the revised East Side Coastal Resiliency plan. A switch to construction work in phases to avoid full closure of the public amenity. This “concession,” one of many that community […]

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