Gentrification

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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155 Attorney St. with Ludlow Garage in the foreground

155 Attorney Claims to ‘Reinvent’ the Lower East Side with $4K Luxury Rentals

Posted February 9, 2017 at 5:14 am

Four years of planning, construction, stop-work orders, and late-night actions disturbing the neighbors, 155 Attorney Street is finally ready to roll. The luxury residential building is now leasing, with move-ins slated to begin on March 1. The seven-story development at 155 Attorney Street boasts 37 luxury apartments of the one- and two-bedroom variety. The most […]

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Elite Millenials Club ‘Magnises’ Fails to Deliver the World, Members Want their Money Back

Posted January 26, 2017 at 5:03 am

File this one under first-world problems. The elite millenials club Magnises has created a rift among its membership. Boo-hoo. You might recognize Magnises as the uppity entity behind the “members-only penthouse” at the Hotel on Rivington. They began meeting here two years ago, moving from a West Village townhouse, and paying non-exclusive rent that permitted […]

Photo: Mike Hong

‘Chinatown Art Brigade’ Takes a Stand with Anti-Gentrification Projections [INTERVIEW]

Last modified September 30, 2016 at 9:50 pm

“Gentrification is Modern Colonialism,” read the illuminated stencil above the corner of Chrystie and Grand Streets. That was but one message that traveled through the neighborhood last Saturday night. These rather straightforward projections come courtesy of the Chinatown Art Brigade, which roams the namesake area armed with a light projector and a mantra of anti-gentrification. We […]

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Lower East Side Partnership Looks to Expand its Reach by Annexing Canal Street

Posted September 15, 2016 at 9:49 am

The recently-rebranded Lower East Side Partnership is looking to expand its boundaries by annexing new territory on the nebulous border of Chinatown. Specifically the bottom of Ludlow Street and around the corner onto Canal and Essex. It just launched an exploratory effort to drum up local support for the push. The Partnership already set two […]

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Mapping Vacant Stores to Show How ‘High Rent Blight’ is Killing the City

Posted August 29, 2016 at 5:12 am

Warehousing. High rent blight. Store for rent. Call it what you want, but it’s a big problem in a city that so eagerly tosses its working class, mom-and-pop establishments into the proverbial gutter, in favor of high-paying corporate chains. It’s something that the Lower East Side, but the city at large, grapples with to a […]

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Rendering composite of Ben Shaoul and 196 Orchard St, Photo: Real Deal

More About that 3-Level Equinox Gym Coming to Ben Shaoul’s Orchard Street Development

Posted May 31, 2016 at 5:10 am

It’s old news that hated developer-landlord Ben Shaoul attracted Equinox gym to his new ten-story condo project beside Katz’s Deli. But it’s not yet a done deal. More red tape. The city, vis-a-vis the Board of Standards and Appeals, must first approve a special permit to operate a “physical culture establishment” under current zoning restrictions […]

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Peace Pentagon Activist Offices Relocate to Chinatown Following $20.75M Sale

Posted May 9, 2016 at 9:23 am

The storied Peace Pentagon of 339 Lafayette Street is finally liquidated. The spirit of the resistance is leaving the neighborhood, with luxury to take its place (naturally). As previously reported, the A.J. Muste Institute sold the borderline-unstable building to real estate baron Aby Rosen for $20.75 million in October. It owned the icon since 1974. […]

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Comptroller Stringer Scrutinizes $116M Sale of ‘Rivington House’ for Condo Conversion

Posted March 24, 2016 at 5:19 am

​You may have seen this… City Comptroller Scott Stringer is crying foul on the $116 million sale of the former Rivington House nursing home at 45 Rivington Street earlier this year, according to a report in the Wall Street Journal this week. The buyer, Chinese-based China Vanke Co., is hoping to convert the building to luxury […]

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City Council Approves Controversial Citywide Rezoning Overhaul

Posted March 23, 2016 at 10:11 am

City Council yesterday approved the widest reaching zoning changes to the Five Boroughs in decades. The legislative body passed the two controversial anchor-weights of Mayor de Blasio’s affordable housing initiative (“Housing New York”) – Zoning for Quality and Affordability (ZQA) and Mandatory Inclusionary Housing (MIH). His goal is to create 200,000 units of affordable housing […]

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