Cogswell applies to demolish part of Streit’s Matzos Factory

Developer plans to create 10,000 sf in retail space at the Lower East Side site

New York /
Oct.October 23, 2015 09:11 AM

Cogswell Realty is looking to tear down the upper floors of the former Streit’s Matzos Factory on the Lower East Side, to remake the building into a retail space.

The developer filed a demolition permit with the city for the 150 Rivington Street site. It calls for removing the second through six floors of the building, one of four structures that made up the factory. Matzo production at the facility ended when the Streit family shut the factory down in 2014, after 90 years.

Midtown East-based Cogswell bought the whole facility from the family in April for $30.5 million. The developer hasn’t applied for permits related to the other buildings, DNAinfo reported.

All together, the buildings span 50,000 square feet. They were listed multiple times over the last seven years. [DNAinfo]Ariel Stulberg


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
Joe Sitt and Charles Scribner’s Sons Building in Midtown (Thor, Google Maps)

Thor’s $150M loan on 597 Fifth heads to special servicing

Thor’s $150M loan on 597 Fifth heads to special servicing
258 8th Avenue (Google, Target)

Target planning yet another NYC store in Chelsea

Target planning yet another NYC store in Chelsea
Steve Witkoff and 4766 North Bay Road (Getty, Douglas Elliman)

Steve Witkoff buys waterfront Miami Beach lot for $8M

Steve Witkoff buys waterfront Miami Beach lot for $8M
Churchill Real Estate's Justin Ehrlich and 381 Broadway (Google Maps)

Two-year Tribeca foreclosure saga continues with lawsuit over $20M

Two-year Tribeca foreclosure saga continues with lawsuit over $20M
Compass CEO Robert Reffkin (Getty; iStock)

Compass eyes IPO in 2021

Compass eyes IPO in 2021
arrow_forward_ios

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

Loading...