Real Estate Listing

L+M Development Exploring Purchase of Knickerbocker Village

Posted March 29, 2021 at 5:00 am

Knickerbocker Village, one of the largest residential complexes in the city, is exploring a possible sale to L+M Development Partners, several tipsters tell us. Current management has reportedly been in ongoing negotiations with the prospective buyer, price unknown. And even though the deal is not yet final, tenants are concerned about the fallout. Namely the […]

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Yonah Schimmel Building on the Market for $6M

Posted March 17, 2021 at 5:04 am

The longtime tenement home of Yonah Schimmel Knishes is for sale. Dubbed a “Prime location with heavy foot traffic,” the building at 137 East Houston has been on the market since last July. Its latest asking price is $6 million. The broker-babble further notes that the buyer gets “tremendous upside in a premier location with […]

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Lady Gaga’s Former Lower East Side Apartment is Back on the Market

Posted March 3, 2021 at 5:02 am

The Lower East Side apartment formerly inhabited by Lady Gaga before she was famous is again available for rent. The one-bedroom abode at 176 Stanton Street (#4A) is currently listed for $2,000 per month via StreetEasy, and has been on the market for about thirty-five days. And the broker babble was recycled from past listings. […]

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Hotel on Rivington Owners Still Seek a Buyer at $69M

Posted February 16, 2021 at 5:01 am

The Hotel on Rivington, last courted by Kushner Companies two years ago, remains on the market for a princely sum. Longtime hotel owners (and developers)  Paul and Rena Stallings continue the search for a buyer willing to shell out $69 million, which is $1 million less than the last price tag. The difference this time […]

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Yopparai Quits Rivington Street, but Plans New Location

Posted February 10, 2021 at 5:02 am

Stricken by pandemic difficulties, Yopparai is not reopening its popular Japanese restaurant on Rivington Street. The business had closed at the onset of the pandemic last year, and struggled to make ends meet. “We tried takeout, but our menu and style wasn’t well suited for that,” ownership told us in an email. That coupled with […]

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Children’s Place on Delancey Folds for Good After 2 Decades

Posted February 2, 2021 at 5:03 am

The Lower East Side outpost of The Children’s Place closed down last month. Signage in the windows advertised a fire sale on goods, alongside messaging that January 2021 was the final month in business. While coronavirus may have exacerbated matters for the bottom line, this Children’s Place location hit the market pre-pandemic. Exactly one year […]

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FusionArts Building on Stanton Street Listed for $10M

Last modified December 15, 2020 at 11:01 am

With photogenic ironworks and facade art, it’s easily one of the more unique buildings on the Lower East Side. Now, the groundbreaking former home of FusionArts is pitched on the open market, albeit as a joint-venture. Czech-born Shalom Neuman, who allegedly coined the descriptor “fusion arts” and who founded the FusionArts Museum at 57 Stanton Street, […]

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Lands End II Complex Sold to Related for $435M

Last modified November 19, 2020 at 7:38 pm

Related Companies finalized a deal this week to acquire two Section 8 affordable housing properties on the Lower East Side waterfront. The $435 million transaction for Lands End II at 265-275 Cherry Street, first reported by the Real Deal, is touted as one of the largest multifamily deals to go through since the outset of […]

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Iconic ‘Sohotel’ on the Bowery Hits the Market as $55M Development Opportunity

Last modified November 11, 2020 at 5:40 pm

One of the longest running hotel properties in the city is now on the market for an astronomical ask. Sohotel, the 94-key hotel at the corner Broome Street and the Bowery, is currently making the rounds as a “prime corner development site.” Asking price for the 42,000 square-foot property is $54.99 million. Despite the positioning […]

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Parisi Bakery Building on Elizabeth Street Listed for $5.99M

Posted October 29, 2020 at 5:07 am

The NoHo building housing Parisi Bakery is up for sale, and the store may not survive. Robert Parisi – building owner and former head baker of the family business – listed 290 Elizabeth Street on the market. He’s seeking $5.99 million for the seven-unit, mixed-use tenement. Parisi purchased the property in 1983 for $200,000, property […]

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