Real Estate

More Bowery Buildings Demolished for 11-Story Mixed-Use Development

Last modified June 28, 2017 at 12:05 pm

Time has come for 139-141 Bowery, properties which have been on death row since 2014. The city finally issued demolition permits for the two buildings earlier this month, a couple years after Department of Buildings approved the plans. Wrecking crew are now on scene to begin the dismantling. As reported, the tax lots of 139-141 Bowery […]

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Following DKNY, Hollister Mural Disappears Behind 6-Story Office Development

Posted June 28, 2017 at 5:09 am

Over at “SoHo’s most impactful corner,” 606 Broadway gradually ascends skyward, blocking out what was once a vacant sliver of city-owned land. Two towers of the rising superstructure are also starting to obstruct the Hollister ad branding on the north face of 600 Broadway. Madison Capital, which purchased the 6,190 square-foot parcel from the city for […]

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Upscale ‘New Stand’ Newsstand Takes Over Patricia Field Store on the Bowery

Posted June 28, 2017 at 5:08 am

Incoming. This week brings word that a replacement has been found for the former Patricia Field store on the Bowery. The New Stand, a chain that dubs itself as what would happen if “your favorite blog and your favorite bodega had a baby,” just inked a lease with landlord Thor Equities. According to the Real […]

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At More Than 60 Stories, Extell’s Inescapable ‘One Manhattan Square’ Dwarfs the Manhattan Bridge

Posted June 28, 2017 at 5:00 am

It finally happened. The Manhattan Bridge is now dwarfed by its neighbor, One Manhattan Square. With Two Bridges residents focused squarely on stopping the three supertall developments invading the area, the controversial “trailblazer,” Extell’s One Manhattan Square, remains the 800-foot elephant on the waterfront. Three years into construction, the superstructure is getting glassed, and has […]

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Frustration Mounts Over Another Pier 35 Delay and Incomplete ‘Rutgers Pavilion’

Posted June 27, 2017 at 5:12 am

The fact that Pier 35 and the adjacent Package 4 of the waterfront are not complete at this juncture is a total joke. Both components of the overall waterfront plan are way past due date, angering locals who are tired of constant setbacks and pitfalls. The new, revised, updated, pushed-back date is now pegged for […]

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Spring Street Developer Withdraws Application for Controversial Special Little Italy District Zoning Change

Posted June 26, 2017 at 5:00 am

The years-running saga of rear yard development at 53-55 Spring Street concluded two weeks ago when the landlord withdrew the proposal under community pressure. Developer Joseph Brunner (aka JBAM), who acquired the property two years ago for $15.5 million, sought to construct a one-story addition that would encompass the rear courtyard, thereby enlarging the overall […]

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Someone Trashed the Blueprints for the Ace Hotel Bowery on the Sidewalk

Last modified June 23, 2017 at 8:08 am

Trash is sometimes treasure. Everyone knows that 225 Bowery is to become the newest Ace Hotel in the stable. However, the company never officially confirmed their intentions here. Even as the transformative construction work atop the building proceeds. Well, official blueprints trashed on Chrystie Street late Tuesday night all but confirm this. We had received […]

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Rivington House Co-Owner Picks up Pair of Ludlow Tenements for $15.5M

Posted June 22, 2017 at 5:11 am

Last week, we learned that the corner tenement at 101 Stanton Street (at Ludlow) changed hands for $12.9 million. It was sold by Arwen Properties/Luthien Group to a small consortium of real estate firms. Now, it appears the company simultaneously cashed out the two adjacent properties on Ludlow Street, too. While prior rumors of sale proved […]

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8-Story Condo at 210 Bowery is Fully Revealed

Posted June 21, 2017 at 5:11 am

There it is. An unencumbered 210 Bowery, almost ready for tenants. Workers dismantled scaffolding and other construction materials from the facade of this eight-story dark horse a couple weeks ago. Official completion is probably any day now. This latest milestone marks more than two years since the demolition and redevelopment began. Indeed, the former 1930s-era […]

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Bond Street Townhouse, Home of Scrap Metal Shop, Hits the Market for $13M

Posted June 21, 2017 at 5:06 am

It’s an oasis of refuse on a block scraped clean and sanitized with upper-crust wealth. A cluttered workspace that resembles something out of high school shop class. But for how much longer? D&D Salvage – a scrap metal dealership – has heretofore survived the transformation of Bond Street into a glitzy pathway dominated by multimillion-dollar condo […]

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