The Real Deal New York

Coveted Essex Street property closes in on landmark status

Community Board 3 approves historic designation for Eastern Dispensary
March 28, 2014 02:50PM

The Eastern Dispensary building at 75 Essex Street may soon be designated a New York City landmark.

The full Community Board 3 voted this week in favor of protecting 75 Essex Street, Lo-Down reported. The decision will now go before the Landmarks Preservation Commission for final approval.

Earlier this month, the property’s current owner, Shalon Eisner, pulled the former pharmacy off the market and agreed with the board to preserve the site — as long as he’s permitted to build on top of it, as previously reported. Eisner was not present at the meeting, but representatives could not get the vote delayed, the blog said.

The four-story Italianate-style structure, built in 1920,was previously listed for $21 million in November. The building has 31,776 square feet of air rights said to be coveted by Taconic Partners, the developer of a project directly across the street called Essex Crossing, as previously reported[The Lo-Down]Angela Hunt