The Real Deal New York

East Village / Lower East Side neighborhood news

  • Alan Cumming and 404 East 9th Street

    Alan Cumming and 404 East 9th Street

    Tony Award-winning thespian Alan Cumming has paid $4.65 million for an East Village townhouse. Cumming, who recently starred in a critically lauded production of “Macbeth” and appears on the CBS show “The Good Wife,” will move into the home, located at 404 East 9th Street, with his husband of six years. [more]

  • 605 East 9th Street

    P.S. 64 at 605 East 9th Street

    The East Village’s Community Board 3 has officially requested mayor-elect Bill de Blasio to return P.S. 64, a landmarked former school that developer Gregg Singer is looking to convert into a college dormitory, to the community.

    For several years, Singer, who bought the 152,000-square-foot building at 605 East 9th Street in 1998, had been looking to convert it into a dorm. Earlier this year, Singer struck a deal to house students from Cooper Union and the West Village’s Joffrey Ballet School at the property. [more]

  • 48-allen

    Michael DeCheser and 48 Allen Street

    Lower East Side-based nonprofit community center Chinese Christian Herald Crusades is looking to sell its building at 48 Allen Street for $15 million.

    The 15,000-square-foot, six-story commercial site — also known as 49 Orchard Street — features a reading room, library, offices and a dining room. The upper floors hold guest rooms for as many as 50 visitors. Perhaps most enticingly to developers, the property also boasts 1,400 square feet of unused air rights. Massey Knakal Realty Services brokers Michael DeCheser, Darragh Clarke and Mei Ling Wong are handling the sale. [more]

  • Jordan Vogel and 55 Third Avenue

    Jordan Vogel and 55 Third Avenue

    Aaron Feldman and Jordan Vogel’s Benchmark Real Estate Group has paid $57 million for a mixed-use apartment and retail building in the East Village.

    The property is located at 55 Third Avenue between 10th and 11th streets and has 55 rental units and 10,500 square feet of retail space. Current commercial tenants at the building include American eatery the Smith and Asian deli M2M. [more]

  • From left: Gary Barnett and 227 Cherry Street

    From left: Gary Barnett and 227 Cherry Street

    Extell Development’s forthcoming development on the Lower East Side site of the former Pathmark grocery store will involve a massive tower, according to a neighborhood official. [more]

  • 169-bowery

    169 Bowery and the former Collective Hardware store

    Amid ongoing legal troubles, landlord Gordon Lau is moving forward with plans to convert and enlarge a five-story tenement building at 169 Bowery, between Delancey and Broome streets, in the Lower East Side.

    The city Department of Buildings issued permits on Tuesday for the project, which would add 6,000 square feet for roughly $500,000. A “horizontal and vertical extension” would create two more floors to allow for 10 units. The apartment space would be expanded to nearly 15,000 square feet; there will also be 2,585 square feet in commercial space at the site. [more]

  • From left: Jackie Urgo and 211 East 13th Street

    From left: Jackie Urgo and 211 East 13th Street

    The East Village’s Jefferson condominiums are 100 percent in contract. [more]

  • From left: 51 Astor Place and Edward Minskoff

    From left: 51 Astor Place and Edward Minskoff

    St. John’s University has inked a deal for 71,000 square feet at Edward Minskoff’s 51 Astor Place. [more]

  • From left: 29 3rd Avenue, St. Mark's Bookshop and Cooper Union at 30 Cooper Square

    From left: 29 Third Avenue, St. Mark’s Bookshop and Cooper Union at 30 Cooper Square

    UPDATED: Friday Dec. 20, 11:30 a.m.: A listing appeared on PropertyShark for the building that houses St. Mark’s Bookshop in the East Village, owned by Cooper Union, EV Grieve reported. Robert Frischman of EVO Real Estate Group, has since told TRD that the building is not for sale. How or why the listing appeared on Property Shark is unclear. [more]

  • From left: Andrew Heiberger, a $2,300 studio at 175 Ludlow Street and a $6,500 three-bedroom at 118 East 18th Street

    From left: Andrew Heiberger, a $2,300/month studio at 175 Ludlow Street and a $6,500/month three-bedroom home at 118 East 18th Street

    Manhattan’s most affordable rental neighborhoods below 96th Street are the Lower East Side, the East Village and the Upper East Side, according to TOWN Residential’s December rental report. [more]

  • Knickerbocker_Village.jpg

    Residents of the 1,600-unit Knickerbocker Village affordable housing complex are finally receiving rent rebates for damage suffered in the aftermath of Hurricane Sandy.

    The Lower East Side complex went 17 days without heat, water or electricity after the East River overflowed, rushing the building’s mechanical system during the storm. Now, tenants will receive nine days’ worth of rent, reflected on their January and February statements, with the possibility of more in the coming months. [more]

  • bialystoker

    Baruch Singer and 15-17 Bialystoker Place

    Landlord Baruch Singer and East River Housing Corporation president Lenny Greher, two board members of Bialystoker Synagogue, withdrew their $25 million lawsuit yesterday against the synagogue president, Shlomo Hagler, who is a Manhattan state court judge.

    The congregation has owned a parcel at 15-17 Bialystoker Place, near Delancey Street and adjacent to the synagogue, in the Lower East Side, since the 1980s. Singer and Greher sued, claiming that a Brooklyn rabbinical court had barred Hagler and Rabbi Zvi Romm, both named as defendants, from selling the property last year. [more]

  • Rendering of the proposed project at 225 E. Broadway

    225 East Broadway

    A developer of a so-called synagondo — a synagogue topped with condominiums — on the Lower East Side could be on the hook for millions of dollars in a lawsuit brought by the congregation over the failed project. A trial on potential damages is set to conclude tomorrow.

    The project, conceived in 2006, included plans to build a new four-story temple valued at $6 million on the 225 East Broadway site, which had been home to the Young Israel Synagogue since 1922. The developer also planned to build 24 apartments on 10 floors above the synagogue, then blamed market forces for scuttling the plan in 2010. Anthony Marano, a principal in Ozymandius realty, and Elliot Gibber, who owns Deb El Food Products, both signed agreements holding them personally responsible for the project’s completion. [more]

  • rutgers-houses

    61 Pike Street

    UPDATED, 1:09p.m., Dec. 10: The New York City Housing Authority wants to evict a 100-year-old resident of the Lower East Side housing project Rutgers Houses, alleging that her son unlawfully moved into her unit.

    Concetta Passione, who pays $219 per month for the unit, said she has lived in the one-bedroom since 1964. The agency argued that she does not actually live there, but instead has secretly been a resident of Italy. She was served an eviction notice November 1, around the time of her 100th birthday. Her 73-year-old son Sebastian told the New York Daily News he requested that the housing authority add his name to the lease, so he could take care of his mother. He said he never received a response. [more]

  • 281 Grand Street

    281 Grand St.

    Keller Williams Realty Empire, based in Brooklyn, is marketing a five-story building on the bustling Lower East Side for $13 million.

    The 281 Grand Street property, purchased by Flushing-based LLC Jacob Re earlier this year for $8.5 million, includes eight large loft-style apartments ranging between 12,000 and 16,000 square feet, according to the listing. Ground-level retail totaling 23,000 square feet is also on offer, and the property includes basement storage. [more]

  • 10-story building headed to East Village

    December 02, 2013 01:35PM

    From left: East Houston and Suffolk streets, and rendering

    UPDATED, 2:44 p.m., Dec. 2: A 10-story, 14-unit mixed-use building is headed to a vacant lot in the East Village.

    The Department of Buildings approved plans for a building at the corner of East Houston Street and Suffolk Street slated to hold 11,522 square feet of residential space and 2,527 square feet of community facility space, the blog EVGrieve reported. Whether the residential component will be rentals or condominiums is unknown. [more]

  • From left: Ben Shaoul and 515 East 5th Street

    From left: Ben Shaoul and 515 East 5th Street

    Developer Ben Shaoul, whose contentious sixth- and seventh-floor additions at 515 East 5th Street were recently slammed by a Community Board 3 land use committee, fired back at critics in a statement to The Real Deal. [more]

  • From left: Twitter logo and 51 Astor Place

    From left: Twitter logo and 51 Astor Place

    Social media behemoth Twitter, fresh off a successful stock offering, is eyeing a move to Edward Minskoff’s 51 Astor Place. [more]

  • 75-essex

    75 Essex Street

    The former Eastern Dispensary building, which houses the clothing retailer Eisner Brothers, is up for sale again and a bit pricier, asking $21 million.

    The detached 12,464-square-foot prewar building at 75 Essex Street, between Broome and Grand streets, last hit the market in 2010 when the asking price was $18 million, as listed by Bond New York broker Lisa Bornstein. Bond has the listing again, but the broker is now Janine Young. [more]

  • Whitehouse Hotel at 340 Bowery

    Whitehouse Hotel at 340 Bowery

    The owners of a prominent budget hotel on the Bowery are suing one of their longtime tenants for being too trigger happy when it comes to suing them.

    The Whitehouse Hotel’s owners said in their suit that they have spent over $200,000 defending themselves in court cases brought by Roland Davis, who sues “purely out of spite, ill will and in bad faith.” The hotel at 340 Bowery– which rents out tiny rooms for $30 a night — is seeking a court order that requires Davis to get approval before filing further suits on his own. [more]