Real Estate

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300 Lafayette Bills itself as ‘Cutting Edge’ with New Ad Banners

Posted March 24, 2017 at 5:11 am

Alive for many months, the project site at 300 Lafayette Street is finally ready to go big on the hype. Banners pimping the new seven-story commercial building were affixed to the sidewalk bridge earlier this month, promising “cutting edge.” Hard to believe it’s already been a year since the BP gas station at the corner of […]

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New Condo-Hotel on the Bowery Ascends Halfway to 8 Stories

Posted March 23, 2017 at 5:16 am

Now that the centuries-old Federal-style houses are a footnote in the pages of local history, the next chapter is foisted upon us. It’s been a few months since our last progress report on the status of the historically significant 138-142 Bowery development site. In that time, activity has been swift. The forthcoming condo-hotel has already […]

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NYU Langone Seeks State Approval for $32.9M Essex Crossing Outpatient Facility

Posted March 23, 2017 at 5:13 am

More health care services are on the way to the Lower East Side. A year after the deal first made headlines, NYU Langone now seeks approval from the state Department of Health to construct its $32.9 million facility inside Essex Crossing. The new program – identified as an outpatient ambulatory surgery center – will consume […]

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Moscot’s Former Delancey Street HQ is Now in Ruins Ahead of 12-Story Redevelopment

Posted March 22, 2017 at 5:00 am

The eighty-three-year-old building that housed Moscot for nearly as long (i.e. 75 years) is now obliterated. A wrecking crew tasked with erasing this history has been busy onsite the last month or so. As of yesterday afternoon, most of the structure is gone, including the frame. What remains are the bones and debris; a ghost […]

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Rumor: Sunshine Cinema to Sunset, as $31.5M Contract Nears Closing

Posted March 21, 2017 at 5:00 am

Two years after word first circulated that the Sunshine Cinema at 139-143 East Houston was being shopped on the market for $35 million, a buyer is allegedly under contract. The news arrives a few months after the president of Landmark Theaters, which operates the Sunshine, noted that transforming a theater into a high rise is […]

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At Rivington House, Soil Drilling Signals the Future [Updated]

Last modified March 20, 2017 at 11:44 am

This fifteen-foot Davey Drill arrived on Forsyth Street the other day. Situated directly outside Rivington House, its placement is the first real sign of forward progress toward condo redevelopment. Singular function – collection of soil samples ahead of any development. No construction is happening onsite, though. At least, not that we’ve noticed. A stop-work order […]

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Con Edison Roped off this Lower East Side Block for Stray Voltage

Posted March 17, 2017 at 5:18 am

Nearly the entire block of Suffolk Street, between Broome and Grand, is currently roped off due to potential stray voltage. Con Edison placed neon cones, and unspooled yards of caution tape beside the perimeter fence of Beth Hamedrash Hagadol. Apparently, there is a huge concern of shock in the wake of this week’s over-hyped snowstorm. The […]

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CB3 Endorses New Public Bathrooms at ‘Stanton Storehouse’

Posted March 17, 2017 at 5:00 am

What’s another two years when the community already waited three decades? Two years. That’s the estimated timeline for the Stanton Storehouse to finally return to the community, albeit partially. Community Board 3 last night approved the Parks Department proposal to convert part of the building into a public comfort station (which is a euphemism for […]

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Mahfar Irks Embattled Residents with Rowdy Pop-Up ‘Club’ in Former Las Venus Space

Last modified March 22, 2017 at 4:20 pm

Samy Mahfar is looking to plug the storefront vacancy at 113 Stanton Street. Neighbors didn’t like what happened there last night, though. You’ll recall that Las Venus relocated back in May 2016 after more than twenty years on the Lower East Side. This business was pissed away for a vacancy that has been sitting warehoused […]

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Public Hotel Spells Itself with Towering Announcement in Lights; Opening is this Summer

Posted March 16, 2017 at 5:06 am

Ian Schrager’s Public Hotel on Chrystie Street has been standing tall since April 2016. That’s when the shadow-casting condo-hotel topped out at 28 stories. Now, a year later, debut is still several months from happening. But the, ahem, public rollout just began. Team Schrager is now spelling itself with lights. Earlier this week, a six-story network […]

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