Real Estate

Lowline Lab when it opened, October 2015

Essex Crossing Spells the End for Lowline Lab After Just over a Year

Posted February 22, 2017 at 5:16 am

The Lowline Lab, essentially an advertisement for the proposed underground park of same, is on its way out. Last day hyping the project is this Sunday (February 26). The experimental space at 140 Essex Street, situated at SPURA Site 8, lasted a year longer than initially planned and attracted more than 100,000 tourists. Lowline Lab only projected […]

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Streets

Black Tap's Joe Isidori at Community Board 3, August 2016

Still Buffering: CB3 Must Wait Longer for Livestreams of Monthly Meetings 

Posted February 22, 2017 at 5:11 am

Community Board meetings are notorious for being marathon affairs. Near-all-nighters where patience, personalities, and tempers are put to the test. But some districts are now able to enjoy the boredom from the comfort of the couch, with beverage (or joint) in hand. Though, not in District 3. Not yet, at least. Community Board 1 (Williamsburg and […]

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159stanton-croman

Croman Tenants at 159 Stanton Street Head Back to Court as Living Conditions Worsen

Last modified February 22, 2017 at 9:23 am

While reviled landlord Steve Croman awaits judgement on charges of twenty felonies including grand larceny, falsifying business records, tax fraud, conspiring to defraud, and offering a false instrument, tenants at one of his Lower East Side properties are pressing ahead with their own lawsuit. You’ll recall that tenants at 159 Stanton Street collectively filed suit against Steve Croman back […]

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250bowery-august-2016

250 Bowery Condo Owners Together Sue over Shoddy Construction and Flooding

Posted February 21, 2017 at 5:06 am

There’s a certain element of schadenfreude here… Condo owners at 250 Bowery are realizing what supermodel Gigi Hadid did last year. Maybe they should’ve thought twice before buying into the development. The starlet, and Taylor Swift pal, sold her pad for $2.3 million. The next month, February 2016, the proverbial shit hit the fan. Indeed, the […]

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Streets

essex-crossing-gateway-2_wm

Phase 2 of Essex Crossing will Break Ground in June with More Affordable Housing

Last modified February 17, 2017 at 8:34 am

Essex Crossing is firing on all burners. Full throttle. Two of the four new buildings are topped out, with the balance reaching skyward each day; the 24-story “Gateway” (Site 2) and 242 Broome Street condos (Site 1) are currently sporting some major heft. But this is a rolling process, and, recent progress notwithstanding, sights are […]

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Streets

15orchard

15 Orchard Street Sold for $5.25M [Updated]

Last modified February 20, 2017 at 7:29 am

Last month, wholesale apparel shop T-Shirt Express was forced up the block to 29 Orchard Street. We learned at the time that the move was a function of the building being sold just weeks prior. Now comfortable in its new digs – way larger and less cluttered than the former – let’s take inventory of […]

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259 clinton st. #1

Getting Acquainted with the Wall of Glass on the LES Waterfront

Last modified February 16, 2017 at 12:12 pm

Two of three waterfront developers offered an informational session last night regarding the wall of glass planned for the coastline. Starrett Development and L+M Development/CIM Group respectively presented highlights of 259 Clinton Street and 260 South Street to the Land Use subcommittee of Community Board 3. There was a subtle feeling of defeat detectable in the […]

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Pell Street in Chinatown

Report: ‘Omens of Upheaval’ Threaten to Destroy Chinatown

Posted February 15, 2017 at 5:18 am

The subject of gentrification in Chinatown is hitting a tipping point. One need only attend a Community Board 3 meeting to witness the struggle. Residents challenging the succession of uptown style establishments at the expense of more homegrown mom and pops. Now, Steve Cuozzo at the New York Post talks about the “omens of upheaval” […]

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essex-crossing-gateway-2_wm

The ‘Gateway’ of Essex Crossing is Now Above Street Level in a Big Way [PHOTOS]

Posted February 15, 2017 at 5:11 am

SPURA Site 2 is home to the marquee property in the Essex Crossing stable, and is now above street level. Those halcyon days in the pit are done. The steel superstructure of the 24-story “Gateway” is being assembled Erector Set style, sitting roughly four stories, and gaining height and mass each day. Concrete core – […]

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cigar-vape-essex

‘Cigar & Vape’ Smoked Out of Essex Street After a Year in Business

Posted February 15, 2017 at 5:08 am

Cigar & Vape is gone, smoked out of Essex Street in swift time. The smoke shop-cum-bodega at 41 Essex lasted barely a year at this store before shuttering. News of its closure isn’t quite surprising, though. We’ve come across a pretty steady stream of real estate listings over the last few months pimping this 400 […]

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Streets