Real Estate Listing

Bowery Demolition Site Hits Market for $26M

Posted February 15, 2019 at 5:00 am

One year ago, side-by-side three-story tenements comprising 139-141 Bowery were quickly demolished. The narrative at the time was that of a mixed-use replacement tower to rise in its place. Instead, it’s been crickets for much of the interim. Now, the double-wide property – measuring 50-by-100 feet – is on the chopping block for a hefty […]

Filed Under

Streets

Landmarked Bowery Savings Bank Building Heads to Auction, Could Fetch $50M+

Last modified February 12, 2019 at 9:57 am

[Updated below] The Bowery Savings Bank building could be the next domino to fall in the increasingly aggressive Bowery real estate market. The property at 130 Bowery went on sale yesterday for the first time in nearly twenty years. That the 32,000 square-foot space – currently home to the high-end Capitale catering hall – hit […]

Filed Under

Streets

PokéSpot SoHo Now Swimming with the Fish

Posted February 1, 2019 at 5:08 am

Just under two years in business, PokéSpot on Cleveland Place – sibling to the Union Square original – is now swimming with the fish. Gone. By customer accounts, the fast-casual seafood joint shuttered a couple weeks ago. Google says that they’re permanently closed, and the number to this spot rings unanswered. And the space is already […]

Filed Under

Century and A Half-Old Wood Frame House on Grand Street on the Market for $5.4M

Last modified January 17, 2019 at 12:09 pm

The People would most likely choose a lesser price tag, but so it goes for $5.4 million. Along the gateway to Grand Street stands number 527, a three-story frame house, currently home to beloved People Choice Pharmacy, a Mom-and-Pop shop for the ‘hood. The folks at People, currently on a month-to-month lease, cater to Lower […]

Filed Under

Streets

Orchard Street Walkup Hits the Market for $6.5M

Posted January 10, 2019 at 5:05 am

Late last year, the beige brick of 58 Orchard Street received a new coating of paint. It’s a sky blue hue likely meant to somehow raise the value of the property. Our gut told us at the time that a property listing couldn’t be too far behind. And that’s precisely what happened. The six-story walkup […]

Filed Under

McNally Jackson Books will Remain at its Longtime Prince Street Shop

Posted January 2, 2019 at 5:00 am

It was the proverbial shot heard round the world – McNally Jackson Books was planning a move from its longtime headquarters in Little Italy. Or is it? Word on the street is now that the bookstore is to remain at 52 Prince Street. Its home of fourteen years. Several readers relayed word last week that […]

Blue Man Group Sells its LES Studio for $5.4M

Posted December 27, 2018 at 5:06 am

The Blue Man Group finally divested from its longtime Lower East Side property. Their Clinton Street studio space traded hands this month for $5.4 million. It comes with an additional 4,653 square-feet of development rights, allowing for a new project of roughly 10,120 square-feet. Buyer of record is Dr. Arani Bose, the co-founder of the […]

Filed Under

Is ‘Moishe’s Bake Shop’ on 2nd Avenue Cooked?

Posted December 7, 2018 at 9:38 am

It might be time to sound the alarm for Moishe’s Bake Shop. The Real Deal reported yesterday that investor Jay Schwimmer recently signed a 21-year lease on the entire building at 115 Second Avenue. For all three floors, in fact, including Moishe’s Bake Shop. Occupancy could begin as soon as March, the lease start date. […]

Filed Under

Streets

Year-Old Development at 324-326 Grand Street Listed for $33M

Posted December 3, 2018 at 5:00 am

It was nearly a decade in the making, but finally debuted in the spring of 2017. Now, the new mixed-use development at 324-326 Grand Street is officially on the market. The new elevator building – complete with exterior art-washing by Cryptik – was listed last week for a wallet-busting $33 million. There are two commercial units […]

Filed Under

Streets

‘Lighting by Gregory’ Buildings on the Bowery Sell for $30M

Posted November 26, 2018 at 5:00 am

Lighting by Gregory shuttered its decades-old Bowery store in mid-October. Now we know why. The founding father of the lighting showroom – also the landlord – ultimately decided to cash out. Building owner Joel Horowitz, who’s owned the three-parcel property between Broome and Kenmare since the 1980s, sold the mid-block assemblage for a hefty sum […]

Filed Under

Streets