Real Estate

Despite Governor’s Recent Reopening Mandate, Seward Park Courts Remain Padlocked [Updated]

Last modified May 22, 2020 at 10:38 am

During this Covid-19 pandemic, students and community have forfeited sports and other outdoor activities for weeks.  They crave a resumption in activity, yet here on the Lower East Side, are blocked by the collective Seward Park high schools. The padlocks remain in place on a valuable neighborhood asset – the Seward Park Campus/Community Playground, situated […]

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Streets

New Renderings and Permits for 30-Story Beth Hamedrash Hagadol Tower

Posted May 14, 2020 at 5:05 am

With the gaze of New Yorkers trained toward COVID-19 and the disruption of daily life, big real estate moves on. The gargantuan two-towered development set to rise atop the ruins of Beth Hamedrash Hagadol on Norfolk Street moves one step closer to reality. Last month, Dattner Architects filed paperwork to construct the development known as […]

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Gem Spa is out of Business, Long Live Gem Spa

Posted May 8, 2020 at 5:00 am

Gem Spa is closed forever. Long live Gem Spa. After weeks of rumors, the iconic corner bodega at St. Mark’s and 2nd Avenue announced yesterday afternoon that COVID-19 killed its business, which had already been reeling from a year of financial setbacks due losing their license to sell tobacco products. Parul Patel, who has been […]

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Delancey Street Tenement to Gain 4-Story Addition

Posted May 5, 2020 at 5:01 am

Undergoing renovations for the last year or so, 108 Delancey Street is now stepping into the proverbial spotlight. Permits previously filed with Department of Buildings reveal a partial demolition and four-story addition slated to top the stout tenement building. Once work is complete, the reimagined property – owned by controversial landlord Samy Mahfar – will […]

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Beleaguered One Manhattan Square Slashes Prices 20% Amidst COVID-19

Posted May 4, 2020 at 5:18 am

Already in a crunch before COVID-19 came ashore, Extell is now resorting to further desperate measures at the gargantuan One Manhattan Square. For a “limited time,” the large quantity of unsold inventory at the luxury development is discounted up to 20-percent. What the PR spin-doctors are calling a “price incentive.” This new incentive is intended […]

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Streets

In Chinatown, Immigrant Shopkeepers Fare the Worst [OP-ED]

Posted May 1, 2020 at 5:14 am

In an encouraging sign, some Chinatown shops have started reopening after six weeks of Covid-19 lockdown. The governor’s ban on non-essentials and public gatherings forced most businesses to the sidelines, but several restaurants offered takeout and three supermarkets stayed open. In a welcome sign, three back-to-back dessert places on Bayard Street returned to the fray […]

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Icon Realty Snaps up Hester Street Building for $6.4M

Posted April 28, 2020 at 5:06 am

Real estate transactions don’t cease just because of a deadly virus and pandemic. Real estate magnate, Icon Realty Management, just scooped up another Lower East Side property. The twenty-unit multifamily walk-up at 61 Hester Street, formerly home to the Sweet Life candy shop on the ground floor, traded hands last week for $6.4 million. Margray […]

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Map Tool Shows What Businesses are Open Around the East Village During COVID-19

Posted April 20, 2020 at 5:15 am

There is a new map tool making the rounds that lists “essential” businesses open and operating during the COVID-19 shutdown. Data is crowdsourced from the community via tips and submission forms, then plotted. The endeavor was launched by “East Village residents that love our neighborhood small businesses and independent organizations.” Notably, the East Village Community […]

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Streets

Fire-Ravaged 70 Mulberry Street Could Become 20-Story Tower

Last modified April 20, 2020 at 11:01 am

With all eyes focused on the Covid-19 pandemic – response and death toll – it seems the mayor may have pulled another fast one on Chinatown. While the community abides by the Governor’s “Stay at Home” directive, crews have been busy these last few weeks at 70 Mulberry Street, where a five-alarm blaze destroyed the […]

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M’Finda Kalunga Garden Remains Closed to the Public for the ‘Time Being’

Posted April 17, 2020 at 5:00 am

The green respite of M’Finda Kalunga Garden in Sara D. Roosevelt Park will remain shuttered for the duration. Like everything else these days, it’s fallen victim to the COVID-19 outbreak, and social distancing mandates from the city and state. The garden usually stays closed over the winter months, then reopens sometime in April. “According to […]

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