The Real Deal reports this afternoon that Tatum O’Neal’s Forward Building apartment has finally sold. The 2-bedroom, 2-bath unit with 1425 square feet went for $1.72 million. According to records, the purchasers were Daniel and Abby Ziluca. O’Neal has not lived in the apartment for several years. She bought the home for $1.425 million in 2006. Last summer, the unit was listed for rent for $7,000/month.
If you’re just kicking yourself about this missed opportunity, no fear! We received word today about another Forward Building apartment on the market. TOWN Residential is offering a 2-bedroom, 2-bath unit for $9,000/month. There’s an open house Sunday from noon-2 p.m. Last year, this unit was listed by Douglas Elliman for $9500/month.
The Forward Building, an historic landmark, was refurbished in 2006 by Lower East Side architect Ron Castellano. Click through for photos of the new listing.
The Board and staff of the LES BID during Monday’s annual meeting.
The Lower East Side Business Improvement District held its annual meeting Monday night at Finale, the glitzy new night club/restaurant complex at 199 Bowery. The evening marked a change in leadership for the organization. Mark Miller (pictured, fourth from the right) stepped down as board president. His successor is Michael Forrest (pictured, second from the left), a local property owner.
Miller served in the top post for five years, hiring the current BID staff, presiding over the creation of the Orchard Street Visitor Center and starting several new events, such as LES Apple Day. Miller said he was feeling a bit nostalgic but was looking forward to staying involved with the BID in the years to come. As someone whose family goes back four generations in the neighborhood, he told guests that the continuing diversity and increasing vibrancy of the LES were gratifying to see. Staff and fellow board members praised Miller for his tireless work and his enthusiasm, and his dedication to guiding the BID through rocky economic times.
Here’s a reminder that the first-ever Chinatown Jewelry Week is going on through next Thursday, Valentine’s Day. You can check out deals at participating stores here, and see a video tour from Miss New York/US Elizabeth Tam.
Earlier this week, Kosher Today reported that real estate developer and broker Michael Bolla wanted “to open a kosher restaurant at 171 (East) Broadway,” formerly the home of vegetarian-centric restaurant “Broadway East.” Ron Castellano, who owned “Broadway East” and who’s been renovating the space, told us the kosher concept is on the table but he’s also considering several other proposals. The Kosher Today story indicated Castellano was in search of an “investing partner.” Yesterday, we spoke with Bolla, not only about his plans for the restaurant but also about his broader efforts to reinvigorate Jewish life on the Lower East Side.
Bolla said he would not actually be involved in the restaurant venture; he’s simply hoping to broker a deal involving experienced operators in the kosher food world. While he believes a vegetarian restaurant catering to observant Jews on the Lower East Side and throughout New York City could be very successful, Bolla explained the food business is not his expertise and he does not envision partnering with anyone on the concept. The space at 171 East Broadway is big, which could potentially scare away some restaurant operators. But Bolla noted that kosher restaurants typically host large events, making the “Broadway East” location ideal for the right concept. He said there are several interested parties, but no one has made a commitment yet.
Essex Street near Delancey. Photo by Bahram Foroughi,
Cloudy skies today with a high of 32. As you’ve probably heard, a nasty storm is expected to hit New York tomorrow, bringing snow and sleet and strong winds.
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