Real Estate

Is this the Future of Vanella’s Prohibition-Era Funeral Home on Madison Street?

Last modified April 10, 2019 at 7:42 am

Out with the old, in with the glass. Look no further than the (shuttered) hundred-year-old Vanella’s Funeral Home on Madison Street. The relic assemblage – in business as a mortuary here since the Prohibition era – sold for $7.8 million back in January. The buyer was Eric Pang of Metro City Acquisition LLC, according to […]

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If You’re Still Confused About SoHo/NoHo Rezoning, Tomorrow’s CB2 Meeting is for You

Posted April 9, 2019 at 5:08 am

If you’re still confused or frustrated by the city’s SoHo/NoHo Community Planning Process, Community Board 2 is providing residents a chance to pose questions and voice their opinions on the potential rezoning of the historic districts. The advisory body’s Land-Use committee is tasked with the complex and overlapping issues of zoning and special permits in […]

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Streets

On 10th Anniversary of its Conception, $83M Lowline Still Years Away

Posted April 9, 2019 at 5:04 am

The Lowline subterranean park concept this year celebrates a decade on the boards. A decade of proposals, blueprints, and bureaucratic red tape. Any news of its progress since the 2016 Lowline Lab concept on Essex Street has been silent, to say the least. Lost in a sea of completing local headlines about Essex Crossing. The […]

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Children’s Magical Garden Cries Foul Over Trespasser Who Destroyed Plantings on Contested Plot

Last modified April 9, 2019 at 9:54 am

The fight for the Children’s Magical Garden on Stanton Street just turned real ugly. For years, the garden corporation has been embroiled in a legal dispute against former landlord Serge Hoyda and current owner Horizon Group, yet recently scored decisive victories to stay alive. Nine months after the Appellate Court in the ongoing case sided with […]

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14-Screen Regal Cinemas Now Open at Essex Crossing

Posted April 8, 2019 at 5:08 am

For the first time in a long time – at least two decades – there is again a multiplex on the Lower East Side. Regal Cinemas at Essex Crossing just opened to the public over the weekend. The announcement was rather casual. Just a brief press release at 5:30pm last Friday evening. The fourteen-screen theater […]

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Allen Street Parking Garage Pitched as Development Opportunity

Posted April 8, 2019 at 5:00 am

As Essex Crossing debuts piecemeal, property owners are looking to cash in. It’s causing a ripple effect around the neighborhood. Just a couple blocks away, 59 Allen Street is ready for its due and proper. The 8,800 square-foot, through-block structure – occupied by the Imperial Parking garage and galleries on the Eldridge front – is now […]

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Streets

Sunshine Cinema Developers Secure $67M Loan, Demolition Imminent

Posted April 3, 2019 at 5:09 am

The Landmark Sunshine Cinema closed forever just over a year ago. Since then, the historic building has pretty much been left for dead. A popular choice as public toilet and graffiti target alike. Plans for its redevelopment into a 65,000 square-foot boutique office building seemed to stall almost immediately. Demolition had been pegged for spring […]

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Seward Park is Getting Bulldozed, Courtesy of Parks Without Borders

Posted April 3, 2019 at 5:00 am

Now more than three years in the making, upgrades are underway in Seward Park, the oldest municipal park in the country. A project summary (with rendering) holds court on the park perimeter, providing the estimated “fall 2019” completion date. Initial projections had construction starting after Labor Day 2018 and lasting about a year. Thanks in […]

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Streets

The Hadid Clan Really Wants to Live in Hell (Square)

Posted April 1, 2019 at 5:09 am

Sister models Gigi and Bella Hadid, along with their model mother Yolanda, might together take up residence inside Ben Shaoul’s gold-bricked development at 196 Orchard Street. The family has been searching for a Lower East Side residence that can accommodate this “compound” lifestyle. Hell Square could be the place. According to a tabloid bit in […]

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You’ll Need $5K to Rent the Old ‘BYGGYZ’ Sandwich Shop on Clinton Street

Posted March 29, 2019 at 5:08 am

With the overhyped brick-and-mortar of BYGGYZ dead in the ground nearly a year, its former Clinton Street headquarters is now up for grabs. Real estate listings have been circulating for the last couple months. Asking price for the 1,000 square-foot store (split equally between ground floor and basement) at 37-39 Clinton Street is $4,680 per month. […]

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