Real Estate

Over a Decade Later, Still No Passive House for ABC No Rio on Rivington Street

Posted December 16, 2020 at 5:00 am

The saga of the new and improved ABC No Rio is a neverending story. In this chapter, activity is spotted in the mid-block chasm formerly known as 156 Rivington Street. Not much to report, though, other than the promised delivery date of the spring 2022 for the new development, posted on Department of Buildings signage. […]

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Controversial Developer Tries Again with New 6-Story Condo Beside Merchant’s House Museum

Posted December 14, 2020 at 5:00 am

With its hotel proposal nixed by the city, the defeated developer is planning something else next to the Merchant’s House Museum, and the latter is worried anew. Kalodop II Park Corp., the owner-developer which has spent the last decade fighting for the development of 27 East 4th Street, now proposes something new altogether. A six-story […]

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Streets

Clinton Street Condo Moves Forward with $17M Funding

Posted December 10, 2020 at 5:09 am

Developers behind a proposed eight-story condo building on Clinton Street received funding, paving the way for construction to proceed. Kriss Capital announced late last month that it arranged $17 million in financing for the development of 66 Clinton Street. As previously reported, the developers – Vault Development and TLM Equities – are together planning a […]

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FusionArts Building on Stanton Street Listed for $10M

Last modified December 15, 2020 at 11:01 am

With photogenic ironworks and facade art, it’s easily one of the more unique buildings on the Lower East Side. Now, the groundbreaking former home of FusionArts is pitched on the open market, albeit as a joint-venture. Czech-born Shalom Neuman, who allegedly coined the descriptor “fusion arts” and who founded the FusionArts Museum at 57 Stanton Street, […]

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LES Ecology Center to Headquarter in Seward Park During East Side Resilience Project

Posted December 8, 2020 at 5:00 am

With the fate of East River Park all but sealed in the face of the $1.45 billion coastal resilience project, the Lower East Side Ecology Center hangs in the balance. But an historic local park is coming to the rescue. Seward Park, the first municipal park in the country, is stepping up to host the […]

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Streets

Pearl River Mart to Close its Flagship in the New Year

Posted December 7, 2020 at 5:08 am

The iconic Pearl River Mart is again a refugee. This time, chased from its three-year-old Tribeca flagship. The store, founded in SoHo in 1971 by husband-wife team Ching Yeh and Ming Yi Chen, will close “sometime at the beginning of the new year.” Cause of closure is the one-two punch of coronavirus and an unforgiving […]

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Streets

Marriott’s Moxy Hotel on the Bowery Begins 18-Story Ascent

Posted December 3, 2020 at 5:00 am

The first elements of the new Moxy hotel on the Bowery are now visible. Peeking above the tattered boards at Bowery is a network of structural steel beams. Department of Buildings signage onsite promises a rather optimistic completion date of “spring 2022.” Given progress thus far, though, meeting the goal seems unrealistic. As reported, the […]

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Streets

East Side Coastal Resilience Project Begins with Closure of Asser Levy Park

Posted December 1, 2020 at 5:06 am

The $1.45 billion East Side Coastal Resilience Project is now underway, commencing with the partial closure of Asser Levy Playground near East 23rd Street. Plywood fencing arrived onsite shortly before Thanksgiving. Its placement signals the beginning of demolition work onsite. However, the park space isn’t completely sealed. During this initial phase, the handball and track […]

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Streets

Eight Years After Extell, Still No Supermarket for Two Bridges

Posted November 24, 2020 at 5:05 am

With One Manhattan Square an eyesore of the Lower East Side skyline for so long, it’s almost impossible to remember what came before. Almost. Indeed, it’s been eight years since Pathmark officially closed its doors, leaving the surrounding Two Bridges community bereft of an affordable supermarket. For much of the local population, a walk to […]

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Opening Salvo in Elizabeth Street Garden Lawsuit Against the City

Last modified November 19, 2020 at 8:39 am

City Council voted to redevelop Elizabeth Street Garden in favor of the Haven Green affordable, senior housing mixed-use project last year, but two lawsuits filed prior to that determination are only now circulating the court system. Yesterday, Manhattan Supreme Court Judge Debra James heard oral arguments from both legal teams as well as and the city’s […]

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