113 Stanton Street

At Mahfar’s 113 Stanton Street, Workers Fall Through the Ceiling [PHOTOS]

Last modified September 13, 2018 at 9:23 am

Renovations are again heating up at 113 Stanton Street, a notorious SMA Equities (Samy Mahfar) property with a history of tenant revolt. The tenement was one of several Lower East Side properties at the center of a civil lawsuit against SMA that eventually settled in March 2016. (It included a settlement sum to 23 tenants plus […]

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‘Round Two’ Opens Today, Brings Vintage and Long Queues to Hell Square

Posted October 11, 2017 at 10:00 am

Round Two vintage and secondhand shop debuts later today in Hell Square. Hype is heady. A tipster tells us that excited customers began queuing outside the store at 113 Stanton Street yesterday evening. Seemingly out of nowhere, as buildout had been underway for the last couple months. Residents nearby weren’t too thrilled, though. Apparently, music […]

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Vintage Store ‘Round Two’ Breaks Ground on Stanton Street

Last modified March 17, 2018 at 12:07 am

There is finally a permanent tenant for the retail space at 113 Stanton Street, a year after longtimer Las Venus was forced from the block. This one is a “secondhand shop” from Los Angeles, by way of Richmond. Indeed, we’re told that streetwear retailer, Round Two, is opening a Lower East Side outpost. It’s their first […]

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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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Toledano Tenants Hold Banks Accountable for ‘Predatory Lending’ to Bad Landlords

Last modified March 16, 2018 at 11:56 pm

Predatory Equity: the harmful practice of investing equity to buy rental apartment buildings at inflated prices. Predatory equity investors calculate that they can replace poor and working people with new tenants willing to pay much higher rents—thus bringing higher profits in a hurry. Utilizing predatory equity is one of the main tools in the slumlord […]

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After Years of Harassment, SMA Equities Pimps ‘Penthouse’ Offering at 113 Stanton for $8K

Last modified March 16, 2018 at 11:48 pm

This is the epilogue of a well-tread story about how rent regulated tenants are exploited for the future value of gentry. SMA Equities purchased 113 Stanton Street back in 2014, and spent the ensuing two years renovating the upstairs units and roof. All at the expense of building occupants, whose safety was allegedly compromised with […]

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Bounced Between 2 Landlords, ‘Las Venus’ Flees the LES After More than 20 Years

Last modified March 16, 2018 at 11:46 pm

One of the most controversial landlords on the Lower East Side – SMA Equities – finally gets its way at 113 Stanton Street. Vintage furniture shop Las Venus – on the Lower East Side for some two decades – is now gone from the commercial space. Just call it a tale of two terrors. First, with Ben […]

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Mahfar Tenants at 113 Stanton Street Sue SMA Equities for Toxic Lead Levels 200 Times Legal Limit (Plus Asbestos)

Last modified March 16, 2018 at 11:18 pm

For the second time in the last few years, battle-hardened tenants of an SMA Equities (aka Samy Mahfar) property on the Lower East Side are taking legal action. Those dwelling in 113 Stanton Street filed a lawsuit against the controversial landlord in New York City Housing Court on February 19 for harassment and essentially fostering […]

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Ongoing Work and Looming Con Edison Service Termination Worries Mahfar Tenants of 113 Stanton

Last modified March 16, 2018 at 11:11 pm

It doesn’t matter that Samy Mahfar (aka SMA Equities) seems poised to let Con Edison service lapse during this bone-chilling cold spell. It also doesn’t matter that SMA sent a notice to 113 Stanton Street that the boiler and water will be shut for “more work.” This luxury conversion will happen. Drilling continues, nevertheless; mainly […]

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Con Edison May Terminate Service to Mahfar Tenants at 113 Stanton Street

Last modified March 16, 2018 at 11:09 pm

There is enough dirt on controversial real estate baron Samy Mahfar to fill the lot of converted luxury apartments he creates. Time to shovel more… Indeed. It appears that Con Edison is a week from shutting power to 113 Stanton Street, the five-story tenement Mahfar purchased last year for $5.25 million. A notice was taped […]

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