Real Estate

On Cherry Street, Extell Dumps its Mountain of Garbage Next Door

Posted June 23, 2020 at 5:00 am

There is a persistent mountain of garbage on Cherry Street under the purview of Extell. Only problem is that it’s corralled and disposed on the property next door. Fed-up neighbors allege that the so-called “affordable building” at 227 Cherry Street – Extell erected this development alongside the ritzy One Manhattan Square – places its refuse […]

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Grand Street Development Hits Market for $10.5M

Posted June 18, 2020 at 5:09 am

Finished four years ago, a Grand Street mixed-use development just hit the market. The six-story building at 328 Grand Street is on the chopping block for an asking price of $10.5 million. That coin gets you a property with two vacant commercial units (1 ground floor and 1 lower level) and five market rate apartments. […]

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Streets

LPC to Rescind Landmark Status of Demolished Beth Hamedrash Hagadol Site

Last modified June 11, 2020 at 9:43 am

Hollowed out by fire exactly three years ago, the Norfolk Street lot that hosted Beth Hamedrash Hagadol for over a century is closer to being de-landmarked. Another step toward massive re-development. The Landmarks Preservation Commission reportedly voted last month to calendar a rescission vote for 60 Norfolk Street. Meaning, tearing down the protective designation that […]

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Faerman Cash Registers Cashed out of the Bowery with $5M Sale

Posted June 10, 2020 at 5:00 am

Cha-ching! The Faerman Cash Register Company is finally cashing out of the Bowery. After nearly a year on the market without incident, 159 Bowery traded hands late last month for $5 million ($1,175 per square-foot). The property is zoned for retail on floors one and two, with a large loft apartment on floor three. There are […]

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Streets

In Controversial Move, City Files Plans to Demolish 70 Mulberry Street

Last modified June 9, 2020 at 10:52 am

While the Department of Citywide Administrative Services and mayor’s office continued an apparent charade of “community engagement” at Community Board 3, the city quietly filed plans with Department of Buildings to demolish the PS23 facility at 70 Mulberry Street. Even though some Chinatown residents believe a full demolition would yield a swanky new building within […]

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Coronavirus Kills off this New Orchard Street Business [Updated]

Last modified June 8, 2020 at 9:15 pm

One of the businesses occupying the former American Apparel store at Orchard and East Houston did not survive the three-month coronavirus lockdown. Hemped and Uni K Wax – located side-by-side on Orchard Street – recently closed down. Unable to contend with zero shopping base. Neither lasted a year here in Hell Square. Leasing signage now […]

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Aerial Photos Call into Question City’s Decision to Fully Demolish 70 Mulberry Street

Posted June 1, 2020 at 5:08 am

On the evening of January 23, as Chinatown residents prepared for the Lunar New Year, a devastating five-alarm fire decimated the former PS23 at 70 Mulberry Street. Nearly five months later, many in the neighborhood continue to question the city’s choice to fully demolish the facility. Especially after the emergence of aerial photos showing the […]

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Time to Demand Cuomo and de Blasio Protect Workers and Small Businesses in Reopening Plan (OP-ED)

Last modified May 29, 2020 at 2:13 pm

The following editorial was written by Zishun Ning of the Coalition to Protect Chinatown and the Lower East Side. The New York City and State governments are still failing to protect people’s health and livelihood after two months of “PAUSE.” The number of deaths and infections remain high. Patients with COVID-19 are still turned away, despite […]

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Streets

Disaster Squared: Coronavirus and Hurricanes Poses Deadly Threat to Lower East Side [OP-ED]

Posted May 28, 2020 at 5:03 am

The following editorial is written by Pat Arnow. For more than a year, the city has been ignoring solid community opposition to a massive flood control project that will demolish East River Park, and do the opposite. Now, with a furious hurricane season predicted, not listening could prove dire for these unwealthy sections of the […]

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Displaced Tenants of 70 Mulberry Street Issue Statement on Demolition and Redevelopment

Posted May 27, 2020 at 5:04 am

In the wake of a divisive Community Board 3 meeting, in which preservationists were pitted against a desire for return, the displaced tenants of 70 Mulberry Street came together yesterday and issued a joint statement about shared priorities moving forward. Many in the Chinatown community feel that the city, owner of the fire-scorched former school […]

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