Real Estate

Luxury Development Plagues Newly Reopened DeSalvio Playground in Little Italy

Posted June 18, 2019 at 5:05 am

The reimagined DeSalvio Playground debuted back in February. Now, four months later, access is partially restricted thanks to construction work on the neighboring luxury condo building. A tipster sent us this photos illustrating the closure of both the basketball court and rock climbing feature. Contractors set down heavy foam and plywood surfacing while construction concludes […]

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The ‘New Stand’ Innovation Hub Debuts on the Bowery

Posted June 14, 2019 at 5:00 am

Promised for two years, the newfangled “newsstand” at 306 Bowery – dubbed the New Stand – is finally operational. The “content and innovation hub” opened to the public yesterday. Technically, the 6,700 square-foot retail space (formerly occupied by Patricia Field) was christened back in February with a fashion show by Collina Strada, and was supposed […]

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Envisioning a Future SoHo-NoHo with Mixed-Use Zoning

Last modified June 13, 2019 at 9:19 am

SoHo and NoHo residents are no doubt anxious to see if any of their input gained from four public engagements had any effect on the Department of City Planning. But those who participated shouldn’t be a surprised if tonight’s “Preliminary Presentation” of results from the Envision SoHo and NoHo Planning Process will reveal a recommendation […]

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Ludlow Street Walkup Sells for $21.5M

Last modified June 13, 2019 at 10:22 am

A six-story Ludlow Street walkup in the heart of Hell Square just changed hands. The twin tenements comprising 122-124 Ludlow sold last month for $21.5 million. Landlord Alan Luke cashed out after holding onto the property since the 1980s. Guess the time was ripe. There are forty apartments onsite, where a one-bedroom costs $3,000 and […]

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102 Norfolk Street Hits the Market for $16.25M

Posted June 12, 2019 at 5:07 am

The controversial saga of 102 Norfolk Street turns a page to its next chapter. That of being for sale on the open market. (For real this time.) A Boogie reader sent along the listing, via Avison Young, which advertises the mixed-use building as a steal for $16.25 million. No doubt benefiting from the inflated values […]

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260 Bowery Takes its Place on Luxury Row

Posted June 12, 2019 at 5:05 am

The newest abode for the one-percent takes its place on the Bowery. That of 260 Bowery. The condo project topped out last fall, but is now really taking shape. Notably, the six-by-six window grid that seems to complement the luxury condoplex next door at 250 Bowery. This latest entrant is more than four years in […]

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City Council’s Land Use Committee Votes in Favor of Haven Green

Posted June 12, 2019 at 5:00 am

The Haven Green development in Little Italy is one step closer to reality. And by extension, so is the destruction of the 20,000 square-foot Elizabeth Street Garden atop which it will sit. The four-member City Council Land Use committee yesterday unanimously approved the mixed-use project, which, if approved, is to offer 123 studio apartments of […]

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Demolition Nigh Ahead of 10-Story Office Building at 171 Bowery

Posted June 7, 2019 at 5:02 am

Time has come for more destruction and development on the Bowery. Next up is 171 Bowery. Demolition permits were filed with the Department of Buildings last week. The first step in a new, gilded future for this property. You’ll recall that the four-floor tenement walkup hit the market for $12.5 million three years ago, yet […]

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Streit’s-Replacing Luxury Condo Boasts Matzo Factory Photo Exhibit in the Lobby

Last modified June 6, 2019 at 7:31 am

It’s the equivalent of hoisting a hunting trophy atop the mantle. Destroy, then honor. Same ol’ same ol’ (authentrification). Where the Streit’s Matzo Factory formerly stood for ninety years (until 2015), a luxury condo. And what for its lobby? A new photo installation displaying “what the factory looked like just before it was demolished in […]

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Judge Halts Two Bridges Megatowers After Hearing 3 Lawsuits

Posted June 6, 2019 at 5:00 am

A state Supreme Court judge yesterday extended a temporary halt on a slate of controversial Two Bridges waterfront towers, following a day of testimony on three separate lawsuits accusing the city of illegally approving the $4.5 billion developments. Judge Arthur Engoron, who presided over the cases, issued an injunction against the developers behind three super-tall […]

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