DHA Capital

Stop-Work Order Issued for New 7-Story Condo Development at 50-62 Clinton Street

Posted December 7, 2015 at 9:35 am

The one-story row of commercial buildings comprising 50-62 Clinton Street stood for decades. It was a lone holdout swallowed by the wave of gentrification breaking on the shores of the Lower East Side. No longer; swept aside six months ago for luxury living and the upper crust. Demolition of the seven-parcel development site took nigh […]

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Fredrik Eklund Reportedly Fined for Tasteless Demolition Stunt at 50 Clinton Project Site

Posted June 23, 2015 at 5:14 am

Celebrity broker Fredrik Eklund spent time last Tuesday personally demolishing pieces of 50-62 Clinton Street while “dressed head-to-toe in Armani.” Eklund gained access to the project site, and manned the wheel of a backhoe while delightfully screaming to the camera. That footage was posted to Instagram, and is still live. The stunt was a low […]

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In ‘Head-to-Toe’ Armani, Fredrik Eklund Partakes in Demolition of 50 Clinton Street

Posted June 22, 2015 at 9:23 am

Why, of course 50 Clinton Street would be demolished “in style.” The takedown of the mid-block row of low-rise retail has been underway since early June, but pompous broker Fredrik Eklund needed to take a turn pissing on the ashes wielding the wrecking ball, as it were. Eklund happily boasted on Instagram last week about […]

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The Last Parking Garage on Kenmare Street Sells for Upwards of $50M

Posted June 8, 2015 at 9:23 am

The last parking garage on Kenmare Street is to fall in the name of luxury. Capitalizing on momentum from its $28.95 million invasion of Clinton Street, DHA Capital just dipped a proverbial toe into the swiftly upscaling neighborhood of Kenmare Street. The four-year-old development company is reportedly in contract to drop another cool $50 million on […]

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Demolition Begins at 50 Clinton Street Ahead of New 7-Story Development

Posted February 17, 2015 at 5:10 am

It’s coming down. More than a year of nervous anticipation now culminates in destruction for the mid-section of Clinton Street. Indeed, the once proud one-story row of retail comprising 50-62 Clinton Street is a few jackhammer chisels from demolition. Yeah, the permits were filed back in December, so no huge surprise. However, the reality just […]

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Strolling Down Clinton Street in 1985 [VIDEO]

Posted December 12, 2014 at 10:43 am

To experience a slice of Clinton Street in 1985, we defer to this rather simple 30-second YouTube clip shot by veteran comedian (and voice of the Red M&M) George Bettinger. We see father and son (presumably) walking southbound between Rivington and Stanton, and with clear view of the Hershey’s Stationers store at number 48. There […]

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The 7-Story 50 Clinton Street Sets Up Sales Office up the Block at Former 20 Peacocks

Posted December 10, 2014 at 5:32 am

Things are rolling along fairly smoothly for DHA Capital, which shelled out $28 million for the seven parcels 50-64 Clinton Street earlier this fall. Now that all the businesses are gone – including the permanent loss of WD-50 – work can commence on dismantling the one-story row and the eventual seven-story replacement. In the meantime, […]

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WD-50 Countdown: Demolition Permits Filed for 7-Story Condo Tower on Clinton Street

Posted November 21, 2014 at 6:03 am

WD-50 is slated to conclude its decade-long presence at 50 Clinton Street in just over a week (November 30). Demolition of the entire row of quaint commercial stock will transpire soon thereafter. Indeed, the former 1492 has already been boarded up with dismantling activities transpiring behind the plywood shroud. Demolition permits were issued earlier this […]

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‘First Time Buyers’ Sought for 7-Story Development That’s Killing Off WD-50

Last modified October 13, 2014 at 4:38 pm

Tidbits continue to trickle out about the forthcoming residential project at 50 Clinton Street. You know, the seven-story development that displaced longtime community businesses, including Rothstein’s Hardware and Wylie Dufresne’s pioneering WD-50. As noted in prior coverage, the parcel property was sold for $28.95 million at the hands of celebrity broker Fredrik Eklund. The buyer […]

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