The four tenement buildings spanning 148-154 Rivington Street, on the Lower East Side, are set to be redeveloped into a residential property, according to Curbed. The existing buildings, formerly Streit’s Matzo Factory, total roughly 50,000 square feet, and were picked up earlier this year for $30.5 million by Cogswell Realty.
Lower East Side
In May, YIMBY revealed partial renderings of Extell’s planned residential tower at 250 South Street, and at the time, DOB filings indicated it was to stand 56 stories, spanning 939,850 square feet. Now, according to DNAinfo, permits show a tower closer to the initially proposed building, standing 68 stories and 800 feet tall, and measuring 1,105,386 square feet. The project now includes 802 residential units, and 25,516 square feet of retail space on the ground floor.
Construction has wrapped up at 331 East Houston Street, on the Lower East Side, where Halpern Real Estate Ventures has built a 13-story, 78-unit residential building, per EV Grieve. The building measures 57,560 square feet, which means units average 740 square feet, and 16 apartments are set aside as affordable. SBJ Group designed the building, and occupancy is likely planned in the next few weeks once the remaining scaffolding is deconstructed.
Yan Po Zhu, the developer of a planned 12-story, 69-unit mixed-use building at 208 Delancey Street on the Lower East Side, is selling the construction site — currently four stories up in steel framing — for $35.5 million. According to Bowery Boogie, the 67,300 square-foot building is being designed by Michael Kang, and an 8,350 square-foot community facility is expected to occupy the ground floor. Construction stalled out roughly a year ago.
Silvershore Properties has acquired the four-story mixed-use building at 149 Rivington Street, on the Lower East Side, for $2.8 million. The firm plans to overhaul and expand the building, according to Bowery Boogie. Two stories will be added on top, and two duplex apartments and retail units will be carved out of the existing structure. Permits have yet to be filed with the DOB.