Real Estate Listing

Modell’s CEO Scoops up 249 Broome Street for $22.5M

Posted June 21, 2019 at 5:00 am

The CEO of Modell’s Sporting Goods now has a $22.5 million stake in the Lower East Side. City records show Mitchell B. Modell as the recent buyer of 249 Broome Street, which last changed hands four years ago. Modell acquired the six-story walk-up from Mark Silver through an entity called “M & M Broome Street […]

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Little Italy Church Rectory to Become 7-Story Mixed-Use Development

Posted June 20, 2019 at 5:00 am

The Most Precious Blood Church rectory in Little Italy will return as a new luxury development. The listing for 109 Mulberry Street – the church is located on Baxter Street – first hit the market in February 2018 as a “development site” for $14 million. It took seven months to sell, but finally changed hands last […]

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Ludlow Street Walkup Sells for $21.5M

Last modified June 13, 2019 at 10:22 am

A six-story Ludlow Street walkup in the heart of Hell Square just changed hands. The twin tenements comprising 122-124 Ludlow sold last month for $21.5 million. Landlord Alan Luke cashed out after holding onto the property since the 1980s. Guess the time was ripe. There are forty apartments onsite, where a one-bedroom costs $3,000 and […]

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102 Norfolk Street Hits the Market for $16.25M

Posted June 12, 2019 at 5:07 am

The controversial saga of 102 Norfolk Street turns a page to its next chapter. That of being for sale on the open market. (For real this time.) A Boogie reader sent along the listing, via Avison Young, which advertises the mixed-use building as a steal for $16.25 million. No doubt benefiting from the inflated values […]

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Longtime Zipper Store Leaves Lower East Side After Nearly 80 Years

Posted June 4, 2019 at 5:00 am

For the first time in nearly eighty years, the A. Feibusch zipper wholesaler (aka Zipperstop) is no longer operating on the Lower East Side. The local business recently relocated from its longtime Allen Street shop. Leasing banner is now draped across the entrance to the store, which is itself emptied. The tea leaves foresaw this […]

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Streets

CC’s Cafe Space on Monroe Street Hits the Market

Posted May 21, 2019 at 5:03 am

CC’s Cafe on Monroe Street might not last. Rumors of its demise – aka the owner wanting to surrender – have appeared over the last couple years. But now it appears more likely. This retail listing on Craigslist for the 700 square-foot restaurant space went live several days ago. Asking rent is $6,500 per month. According […]

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‘New Life’ Building on Clinton Street Sold for $8.7M, Luxury Development up Next

Posted May 14, 2019 at 5:03 am

Not surprisingly, the nonprofit New Life of New York City did sell its building on Clinton Street for a princely sum before relocating to Alphabet City. And more luxury is on the way. The three-story, 4,340-square-foot property and vacant lot at 66 Clinton were together scooped up by Vault Development and TLM Equities. Demolition is […]

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Mark Rothko’s Former Artist Studio in Bowery ‘Bunker’ Renting for $15K

Last modified April 26, 2019 at 7:18 am

Here it is. Your golden opportunity to rent the expansive loft that formerly served as workspace for artist Mark Rothko. Word on the street is that the owner of the space at 222 Bowery – the units are part of a cooperative – reportedly seeks $15,000 per month to rent it. It was here at […]

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Streets

Historic Orthodox Jewish Organization Sells East Broadway Building

Posted April 16, 2019 at 5:03 am

Way east on East Broadway, more links to the neighborhood’s Jewish past are disappearing. Word is now circulating that the four-story pre-war tenement at 235 East Broadway just changed hands. Lower East Side Jewish history permeates this site (East Broadway still retains some of those roots). The property had collectively housed the United Jewish Council of […]

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Is this the Future of Vanella’s Prohibition-Era Funeral Home on Madison Street?

Last modified April 10, 2019 at 7:42 am

Out with the old, in with the glass. Look no further than the (shuttered) hundred-year-old Vanella’s Funeral Home on Madison Street. The relic assemblage – in business as a mortuary here since the Prohibition era – sold for $7.8 million back in January. The buyer was Eric Pang of Metro City Acquisition LLC, according to […]

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