The Real Deal New York

East Village / Lower East Side neighborhood news

  • Illustration of Seward Park proposal looking south from Delancey Street

    The Lower East Side’s Community Board 3 gave its expected seal of approval to development plans for the Seward Park Urban Renewal Area last night, Crain’s reported, but with one condition. The board demanded the affordable housing slated for the site, composed of five city-owned lots southeast of the corner of Delancey and Essex streets, be permanent. [more]

  • From left: Andre Balazs and the Standard

    Hotelier Andre Balazs received approval for his overhaul of the Standard East Village Hotel from Manhattan Community Board 3, the Local East Village reported. There were neighborhood initiatives to protest the approval of the hotel’s liquor license, so the vote came only after last minute-negotiations were held between Balazs and residents of East Fifth Street. [more]

  • 27 East 4th Street (credit: PropertyShark)

    Manhattan Community Board 2’s Landmarks Committee yesterday voted down a proposal to develop a nine-story building in the East Village, DNAinfo reported, over fears that construction would affect a neighboring landmarked property. [more]

  • Bird's-eye view of parking lots that comprise Seward Park area

    A plan for 1.65 million square feet of development is about to clear the first hurdle needed for it to rise on the largest city-owned plot of developable land south of 96th Street. Crain’s reported that Community Board 3 is likely to approve a plan to bring residential, commercial and retail space to the Seward Park Urban Renewal Area east of Delancey and Essex streets on the Lower East Side. [more]

  • From left: Abe Haruvi, 58 East 3rd Street, and buildings 54 and 50 on the same street (credit: PropertyShark)

    More than 100 tenants and community activists gathered outside of an East Village apartment complex on Monday evening to protest the landlord, who is allegedly forcing his tenants to move out within 60 days. The Village Voice reported that the protest took place outside of 58 East 3rd Street, one of the buildings where tenants say they received the landlord’s notice. Tenants who live in building numbers 50 and 54 say that they also received the same notification. [more]

  • New hotel for the East Village?

    May 07, 2012 02:00PM

    27 East 4th Street at center (credit: PropertyShark)

    The East Village could be getting a hotel. Curbed reported that a new nine-story structure with four rooms per floor is proposed for 27 East 4th Street, between Lafayette Street and the Bowery, where a one-story garage currently stands. [more]

  • 227 East 7th Street

    A vacant one-story, 950-square-foot building located in the East Village will be replaced by a six-story condominium building, the Local East Village reported. Plans to raze the existing structure were approved by the Department of Buildings in March. The building is slated for completion in the summer of 2013. [more]

  • From left: Michael DeCheser, director of sales at Massey Knakal Realty Services, and 100 Norfolk Street

    A new condominium will rise on the Lower East Side, Crain’s reported. A building at 100 Norfolk Street, between Rivington and Delancey streets, was recently purchased for $8.8 million in cash, Michael DeCheser, director of sales at Massey Knakal Realty Services, told Crain’s. [more]

  • LES Jesuit middle school up for sale

    April 30, 2012 04:00PM

    The Archdiocese of New York is selling a Lower East Side Jesuit middle school for boys and the building will most likely be converted to a mixed-use building, the Wall Street Journal reported. The mostly tuition-free school for disadvantaged youth, located at the Nativity Mission Center at 204 Forsyth Street between East Houston and Stanton streets, will relocate outside of Manhattan, potentially to Queens or the South Bronx. Last month, the center sold its 2,500-square-foot recreation space to an investor named 206 Forsyth Street LLC for $1.7 million, the Journal said. [more]

  • Andre Balazs and the Standard East Village

    Andre Balazs unveiled his plans for revamping the Standard East Village hotel, the property formerly known as the Cooper Square Hotel he acquired and renamed last year. The Local East Village reported his biggest changes focused on the public spaces of the 21-story property at 25 Cooper Square near 5th Street. “The hotel failed,” Balazs said. “We bought it from bankruptcy. One reason was that the public spaces didn’t work.” [more]