The Real Deal New York

Lower East Side’s Clinton Street may get new apartments

January 07, 2014 09:57AM

  • Print
52-60 Clinton Street

52-60 Clinton Street (Credit: Bowery Boogie)

Several retail stores on a stretch of the Lower East Side’s Clinton Street are being shuttered to make way for residential development. The latest store located on the one-story row of retail at 52-60 Clinton Street is Community 54, a streetwear brand that opened at the location in 2011 and has played host to hip-hop stars such as Soulja Boy and A$AP Rocky.

Community 54 is the fifth such store to close this year, Bowery Boogie reports. Sources told the website that a new residential project is set to replace them.

The owner of the properties is an LLC known as 50-62 Clinton Realty, according to Bowery Boogie.

The Lower East Side is becoming too pricey for some retail establishments, such as 20 Peacocks, a design-your-own-shirt shop, which recently decided to move from 20 Clinton Street to a studio space at 99 Madison Avenue.  [Bowery Boogie]  – Hiten Samtani

  • Guest

    Bowery? More like 4 avenues East….

    • Graveshift

      Bowery Boogie

      • Guest

        The headline how now been corrected

  • Sam Schneider

    The Owner of this is non other than Icon Realty Management

MENU

Subscribe to our email newsletters

New York Real Estate News
South Florida Real Estate News