Missing Senior Alert For Lower East Side Man

Lonnie Jackson. Photo via NYPD.

Police have issued a missing senior bulletin for Lonnie Jackson, who lives near Delancey and Columbia streets on the Lower East Side.  He’s 78 years old, weighs 275 pounds and has grey hair and brown eyes. Mr. Jackson was last seen yesterday near 7th Avenue and West 78th Street.  He was wearing a brown hat, brown dress suit and he was carrying a wooden cane.  If you can help, call 9-1-1.

 

Study: LowLine Could Boost Value of SPURA Sites

The Low Line’s demonstration project was held in the Essex Street Market this past fall.

Earlier this month we reported that the founders of The LowLine, the park envisioned below Delancey Street, pitched Community Board 3 on the notion of linking their proposal to the Seward Park development project (SPURA).  City officials, who are preparing to release a Request for Proposals for the nine parcels in January, batted down the idea, and CB3 did not officially weigh in on the issue.

When the LowLine’s Dan Barasch briefed the board, he alluded to a feasibility study conducted by HR&A Advisors that showed that the LowLine could provide a lot of economic benefit to the Seward Park project.  Today the Wall Street Journal has details from that study.  A draft of the report’s economic impact summary suggests the subterranean park could “boost land values of SPURA sites by between $10 million and $20 million and create between $5 million and $10 million in sales, hotel and real-estate taxes over 30 years…”

Morning Reads: $20 Million For 77 Bowery, Record Price For 210 Bowery, South Street Seaport Plans

  • Keystone Equities has bought the East-West Bank Building at 77 Bowery for $20 million. Keystone’s Jonathan Zamir says Chinatown is the new “jewel of Manhattan.” (Real Deal)
  • 210 Bowery, a four story building, sells for $7.5 million, or $815 a square foot (that’s a record on this block).  It appears the new owner Acadia (a big retail management company) is angling to snatch up 212 Bowery, next door (Post).
  • The New Museum’s Bowery art exhibition shows that the institution “has the ability — some would say the mandate — to address its relationship to the past and its location” while the museum’s “gleaming tower devoted to high-end globalized art (is a)… product of gentrification.” (NYT)
  • Rezoning in Chinatown? Some day maybe, but don’t hold your breath (Curbed).
  • After Sandy: the Howard Hughes Corp. is moving forward with plans to redevelop the South Street Seaport (NYT).
  • Looks like La Vie is back in business (EV Grieve).
  • Checking in on Christmas dinner at the Bowery Mission (Fox NY).

 

Good Morning!

Madison Street, LES

Madison Street, looking west. Photo by Joel Raskin.

Cloudy this morning — snow beginning this afternoon and continuing into the evening hours.   We’re also going to see high winds, up to 30 mph at times and a high of 38.

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