Real Estate Listing

New 12-Story Development to Rise Across from Essex Crossing on Ludlow Street

Posted April 1, 2020 at 5:08 am

Nevermind the pandemic at the doorstep, more development must happen on the Lower East Side. New construction permits were filed this week for a twelve-story mid-block development directly across from the International School of Photography. The property in question is 89-91 Ludlow Street, two parcels which last year changed hands for $12.3 million. The filing […]

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The Children’s Place on Delancey Street Might Not Survive 2020

Posted February 25, 2020 at 5:03 am

The Lower East Side outpost of The Children’s Place is operating on borrowed time. The tombstone leasing banner beside its store signage at 126 Delancey says it all. Diving deeper into the real estate listing – repped by Sinvin [PDF] – it appears the 7,600 square-foot space is available starting November 2020. And Essex Crossing […]

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This Blight is Possible for the Corner of Attorney and Delancey Streets

Posted January 7, 2020 at 5:00 am

The low-rise, northwest corner of Attorney and Delancey Streets is ready for the big time. Years of pop-ups and short-lived businesses finally culminates this year with its listing on the open market. Indeed, with Essex Crossing now operational and exerting upward real estate pressure, the two vacant buildings at 176-178 Delancey are the next dominoes […]

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Beastie Boys’ Former Party House for Sale on Chrystie Street

Posted December 4, 2019 at 5:05 am

There was a Dispatch in the New York Post last week that touched upon the availability of 55-59 Chrystie Street. Bankrupted and liquidated of its occupants – all commercial – the court-ordered bankruptcy appointee seeks to refill the ranks. The 46,350-square-foot building was reportedly undergoing upscaling to “higher-rent creative tenants” when, after shelling out roughly $1.9 […]

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Last Low-Rise Retail Strip on Delancey Street Nets $14M

Posted November 27, 2019 at 5:00 am

The last low-rise strip of retail on the Delancey Street corridor just changed hands for the handsome sum of $14 million. For more than four years, the single-story row of retail at the foot of the Williamsburg Bridge on had been pitched as a prime development opportunity. Until this past September when we caught wind […]

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Eldridge Street Development Listed for $21M

Posted November 26, 2019 at 5:09 am

With Essex Crossing almost completely operational, the trend is to cash out. Specifically those building owners orbiting the billion-dollar development, who can now command top price. The eight-story development at 165 Eldridge Street, north of Delancey, is next up. The seventeen-year-old housing complex hit the market last week (via Compass) for a whopping $21 million. […]

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Essex Crossing Adjacent Properties on Ludlow Street Fetch $12M

Posted November 15, 2019 at 5:00 am

Change may soon come to the Chinese food wholesaler at 89-91 Ludlow Street. The dual property just changed hands this month for $12.3 million. Buyer of record is an LLC linked to Brooklyn’s Xiaoling Huang. The two parcels in question, comprising a three-story commercial building and the adjacent lot where wholesaler C&L Restaurant Supply currently […]

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Faerman Cash Registers Closure Scare on the Bowery [Updated]

Last modified October 11, 2019 at 2:18 pm

A Bowery relic is no more. Faerman Cash Register Company just closed the till for the last time, as it were. Tipsters wrote in to say that showroom at 159 Bowery is clearing out; the gates were drawn yesterday afternoon. Update: the store is not closed. They were observing Yom Kippur As previously reported, 159 […]

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Streets

Rainbow Discount Store Closing After More than a Decade on Delancey Street

Posted October 8, 2019 at 5:00 am

When the deep discount signs (“Everything must go!”) appeared in the windows of 110 Delancey Street this month, it signaled the inevitable. Rainbow is closing down the Lower East Side store. Employees tell us that the lease expired, and there is no renewal. This particular store has been at 110 Delancey for well over a […]

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The Strokes’ Guitarist can be Your Landlord for $6,750 Per Month on the Bowery

Posted October 4, 2019 at 5:00 am

The Strokes’ lead guitarist, Albert Hammond Jr., can be your landlord! He is now looking for someone to rent his Lower East Side studio. The third-floor abode, located just off the Bowery at 354 Broome Street, hit the market this week for $6,750 per month. The 1,033 square-foot studio loft is unique in that it […]

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