Emmut Properties

433 West 53rd Street

Six-Story, 60-Plus-Unit Residential Project Planned At 433 West 53rd Street, Hell’s Kitchen

Emmut Properties has acquired the two-story television studio at 433 West 53rd Street, in Hell’s Kitchen, for $25 million. The 10,000 square-foot block-thru property, with an address also at 442 West 54th Street, will be demolished for two six-story residential buildings, according to The Real Deal. The rental project will have over 60 residential units and could measure as large as 42,000 square feet. Neither a design firm nor a targeted completion date have yet been disclosed.


134-138 Bowery in October 2014, image via Google Maps

Developer Closes On 138 Bowery Assemblage, Eight-Story Mixed-Use Development, Nolita

Early last September, YIMBY reported on filings for an eight-story mixed-use building, with 64 hotel rooms and 21 residential units, at 134-142 Bowery, in Nolita. Now, developer Emmut Properties has purchased the assemblage for $47 million. The new development will measure roughly 47,000 square feet, and the residential units will probably be rentals, averaging just 659 square feet. Demolition permits were filed over the past year to raze the existing two- and three-story buildings.


134-138 Bowery in October 2014, image via Google Maps

Permits Filed: Hotel and Apartments at 138 Bowery, Little Italy

Back in 2011, the Wall Street Journal predicted the demise of the Bowery’s Lighting District, a strip of wholesale light stores beginning south of Delancey Street in the borderlands between the Lower East Side and Little Italy. Now three of those shops will bite the dust to make way for an eight-story residential and hotel project at 138 Bowery, situated mid-block between Broome and Grand Streets.

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