Rent a backyard on the Lower East Side

New York /
Aug.August 02, 2011 02:46 PM

alternate
text
A mock up of the timeshare backyard (courtesy of the Participation Agency) and the lot exterior inset (credit: PropertyShark)

With its rich tradition of overcrowded tenement houses, narrow streets and unpleasant summer stenches, the Lower East Side is at the bottom of possible summer getaway destination for Manhattanites. But Gothamist reported that the Participation Agency intends to change that reputation with its plans for the empty lot at 145 Ludlow Street.

The lot, which is 3,266 square feet, according to PropertyShark.com, will be transformed into a “timeshare backyard” starting next Thursday. Renters can pay $50 per hour for up to 30 friends to hang out in the soon-to-be grassy space and can rent a host of add-ons like Slip ‘n’ Slides, kiddie pools, kegs, grills and meat, beer pong tables and even live bands (which start at $5,000).

The lot belongs to a firm called Ludlow Place Corp., which bought the site for $2 million in 2004 and has plans to erect a building with 10,000 square feet of apartments and 3,000 square feet of commercial space.

In the meantime, Ludlow Place rented the lot out to the Participation Agency for $12,000 per month, according to the Wall Street Journal. And for a few hundred bucks, a summer stuck in the city can become an afternoon of suburban paradise. Renderings of the space (see photo) even include a white picket fence. [Gothamist]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Workers at the location, 526 Gulf Avenue in Staten Island, are being told that they do not have to wear masks in areas not monitored by cameras. (Google Maps, iStock)
“Save us, Jeff Bezos!” Worker says Amazon contractor shuns Covid safety
“Save us, Jeff Bezos!” Worker says Amazon contractor shuns Covid safety
The Birch Group CEO Mark Meisner and Mack-Cali CEO Mahbod Nia with (clockwise from top left: 101, 103, 150 and 51 John F. Kennedy Parkway, Short Hills (Mack-Cali, Linkedin)
Mack-Cali sells Short Hills, NJ office portfolio for $255M
Mack-Cali sells Short Hills, NJ office portfolio for $255M
(Getty, iStock)
Capacity restrictions in NY to ease as soon as next week
Capacity restrictions in NY to ease as soon as next week
WeWork CEO Sandeep Mathrani. (Getty, WeWork)
WeWork will accept Bitcoin for membership fees
WeWork will accept Bitcoin for membership fees
The property at 358 El Brillo Way, Todd Michael Glaser, Jeffrey Epstein (Google Maps, Getty/Illustration by Kevin Rebong for The Real Deal)
Jeffrey Epstein’s Palm Beach mansion is being demolished
Jeffrey Epstein’s Palm Beach mansion is being demolished
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...