Real Estate

Transformer Explosion at Con Edison Substation Rocks Two Bridges

Posted October 13, 2017 at 5:09 am

Last night, a “massive explosion” was reportedly felt in Two Bridges. We’re told that a transformer at the Con Edison substation on Cherry Street (corner of Rutgers) exploded shortly before 9pm. Firefighters responded, and remained at the scene for a couple hours before dispersing. And from what we understand, no power outages were reported in […]

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The 26-Story ‘Gateway’ to Essex Crossing Tops Out

Last modified October 14, 2017 at 1:08 pm

Essex Crossing this week celebrates another milestone. The fourth and final building in Phase I of the billion-dollar mixed-use project has reached the top. The 26-story tower (revised from 24 stories) at 115 Delancey Street (aka Site 2) – referred to as the “Gateway” development – officially topped out yesterday afternoon. Token American flag currently […]

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Mayor de Blasio and CM Mendez Co-Hosting Town Hall Tonight

Posted October 12, 2017 at 9:24 am

‘Tis the season for town hall meetings. Tonight, Mayor Bill de Blasio and outgoing City Councilmember Rosie Mendez will co-host a town hall – this time with City Council District 2 denizens. The mayor sure is making the rounds this election year. This past June, Lower East Siders had a chance to lob questions at de Blasio and Councilmember […]

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New Museum Announces Further Expansion with New OMA-Designed Building at 231 Bowery

Posted October 11, 2017 at 8:47 am

On the occasion of its fortieth anniversary, the New Museum is pulling out the stops. Phase one being underway already – the expansion of two new gallery spaces next door at 231 Bowery – the institution just announced the next phase. A new building on the same site, designed by architecture firm OMA, Rem Koolhaas, […]

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Big Belly Trash Compacting Bins Arrive in Seward Park

Posted October 11, 2017 at 5:09 am

The upgrades keep coming at Seward Park on the Lower East Side. Most recently, the arrival of nearly a dozen new tech-savvy trash cans. Of the Big Belly sort. Big Belly receptacles are solar-powered “smart waste” machines that cost upwards of $4,000 apiece. In other words, garbage is compacted. Up to 150 gallons of refuse, […]

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See Renderings of the New International Center of Photography at Essex Crossing [PHOTO]

Posted October 10, 2017 at 5:14 am

Yesterday afternoon, the International Center of Photography confirmed its plans for the Essex Crossing mega-development. Word had leaked over the weekend that the city-based institution is under contract to purchase a pair of commercial condo units at 242 Broome Street (aka Site 1). The new digs will offer enough real estate to combine both the […]

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Hester Street Newsstand Closes Down, ‘Chung’s’ Ghost Signage Remains

Posted October 10, 2017 at 5:04 am

What was once “Chung’s Candy & Soda Stand” is back on the market. The tiny retail footprint at the northeast corner of Hester and the Bowery is now leasing. The last newsstand here – C&L Sunrise Grocery – folded last month after roughly five years on the black. The token “retail space for lease” banner […]

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Report: International Center of Photography Confirmed for Essex Crossing Facility

Posted October 9, 2017 at 5:00 am

No more posturing. Looks like Essex Crossing finally chose its “cultural facility” for Site 1. The International Center of Photography, headquartered on the Bowery for barely two years, reportedly signed a deal for a pair of commercial condo units in the base of the fourteen-story residential building at 242 Broome Street. According to the Commercial […]

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Restoring the ‘Stanton Building’ to the Community will Benefit the Environment [OP-ED]

Posted October 5, 2017 at 5:03 am

The following op-ed was penned by Wendy Brawer. Her nonprofit, Green Map System, is a member of the community coalition at Sara D. Roosevelt Park. It’s time to return to the Stanton Building to the Lower East Side community, a move that together addresses climate change and community well-being. Located at the northern end of […]

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Looking at the 8-Story Bowery Lodging Where 200-Year-Old Federal Houses Once Stood

Posted October 5, 2017 at 5:00 am

In the last seven months, progress has been swift at 138-142 Bowery, where historically significant buildings were destroyed in the name of luxury housing. The new eight-story mixed-use replacement development reached its apex over the summer, and just completed its masonry makeover. In fact, the black netting is gone, and the structure is on full […]

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