Gentrification

Dual Demolition Underway on Chrystie Street Ahead of New 14-Story Tower

Posted November 9, 2018 at 5:00 am

Already with two context-killing luxury developments currently rising on Chrystie Street, the block between Rivington and Stanton is heating up. Work is now underway that will eventually yield a 14-story building. Demolition began over the summer at 199 and 201 Chrystie Street. The death shroud cloaked both buildings during their demise. Before long, the adjacent […]

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Report: Lower East Side is One of the City’s Fastest Developing Neighborhoods

Posted October 30, 2018 at 5:04 am

It’s boom time for New York City. In the next two years, approximately 31,000 new apartment units are expected to hit the pipeline. More than half will be concentrated in neighborhoods across Brooklyn and Queens, according to data compiled by aggregator Localize.city. The recent report lists the city’s ten fastest developing neighborhoods ranked by number of […]

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High-End Condo at 40 Bleecker Street Hits 2-Story Height

Posted October 19, 2018 at 5:07 am

One year after its speedy demolition, time for a progress report on 40 Bleecker Street, soon to sprout more luxury living. The project site, situated at the corner of Mulberry, is sporting some heft. The superstructure recently achieved a height of two stories. And counting. As previously reported, this next chapter in the life of […]

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McNally Jackson Books Faces $500K Rent Hike

Last modified October 18, 2018 at 9:03 am

Last week, we broke news that McNally Jackson Books is leaving its Prince Street headquarters next spring after fourteen years on the block. Eponymous owner Sarah McNally allayed the sadness by saying that they settled on a new space nearby. Reason for the abrupt departure is an astronomical rent hike. Until now, amount of the […]

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Two Bridges ‘Final Stand’ Against Wall of Glass on the Waterfront

Posted October 15, 2018 at 5:04 am

While Pickle Day seduced the mainstream on Orchard Street yesterday afternoon (i.e. tourists), the mood was much less happy-go-lucky down in Two Bridges. Full sour, indeed. Dozens gathered in a show of solidarity for a so-called “final stand” against the addition of four more supertall towers along the Lower East Side waterfront. Timing of the […]

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With Redevelopment Looming, the Sunshine Cinema Becomes a Public Toilet

Posted October 4, 2018 at 5:00 am

As we await demolition, the Sunshine Cinema is devolving at quite a clip. It’s now a literal shit-house. Indeed, the former arty theater has become the local bathroom of choice for many drunks and vagrants, some of whom congregate in nearby Sara D. Roosevelt Park. The movie poster frames on the facade closest to Forsyth […]

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Marshalls Opens its First LES Department Store Tomorrow

Posted October 3, 2018 at 5:09 am

The mallification of the Lower East Side advances headlong this week with the arrival of Marshalls. The suburban department store – whose TJX parent is also behind Home Goods and T.J. Maxx – signed a lease for the entire ground floor space spanning 197 East Houston. The new condoplex developed by Ben Shaoul. Doors open […]

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A Marshalls for Hell Square on the Lower East Side

Posted August 27, 2018 at 5:11 am

As Ben Shaoul’s block-spanning condoplex at the corner of Orchard and East Houston comes into full view, so too are its commercial occupants. We first reported back in May that TJX – the parent company of T.J. Maxx, Marshalls, and Home Goods – was planning to open a new T.J. Maxx department store here. Plans […]

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Here’s Your Chance to Voice Opposition to the 3 Supertalls Planned for Two Bridges

Last modified July 31, 2018 at 6:45 am

The city almost pulled a fast one last month by dropping the Draft Environmental Impact Statement regarding three incoming supertall towers just as Community Board 3 was headed for summer recess. Pushback from politicians and the waterfront neighborhood, plus coverage in the press, helped push back the deadline. The advisory body has sixty days to […]

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Streets

How the New Owners Really Feel About the Demolition of Sunshine Cinema

Posted March 23, 2018 at 5:08 am

The wrecking ball is coming for the Sunshine Cinema – which closed down at the end of January – and the new ownership couldn’t care less about it. In a Q&A with the Commercial Observer this week, Gregory Kraut, a managing partner at K Property Group, exhuded a rather flippant attitude toward the 1898-era building. Kraut’s […]

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