180 Ludlow Street.
The new, upscale hotel at 180 Ludlow Street is expected to open by next spring. That was the word from the hotel owners, who went before Community Board 3’s SLA Committee earlier this week, winning the panel’s blessing for a liquor license. The long-suffering development site was bought by BD Hotels two years ago for $25 million. The high flying group, led by Richard Born and Ian Druckier, offered a few new details about the project, which is destined to be a Lower East Side game changer.
The 20-story hotel will include an Italian restaurant not unlike Gemma, the trattoria in the Bowery Hotel (one of this group’s many Manhattan holdings), a small patio on the Orchard Street side of the building and a lobby lounge. Food service will be available 24 hours; liquor will be served until 4 a.m. They submitted a letter of support from their neighbor, The Ludlow apartment building, as well as petitions from local residents containing 150 signatures.
180 Ludlow Street.
As EV Grieve noted the other day, 180 Ludlow Street is beginning to look more like the hotel it’s destined to become with each passing week. The “Ludlow Hotel” site was stalled for many years before the team behind the Bowery Hotel, the Jane Hotel and many other Manhattan properties bought it two years ago for $25 million. A week from tonight, they’ll ask Community Board 3’s SLA Committee to support their liquor license application for the 20-story hotel’s ground-floor restaurant.
The names listed on the application are Richard Born, Ira Druckier, Eric Goode and Sean MacPherson. Some or all of the applicants are involved in some of the city’s most well-known hotels and restaurants, including the Maritime, the Mercer and aforementioned Bowery and Jane Hotels. Restaurants in their portfolio include The Park in West Chelsea, the Waverly Inn and B Bar in the East Village.
Is it a miracle or a mirage? There have been so many conflicting visions for stalled construction site 180 Ludlow over the years, that any news about this troubled project is at least a little bit suspect. But the latest development seems believable: Curbed reports today that Serge Hoyda has finally sold the property to a highly regarded boutique hotel operator for $25 million.
According to the blog post, BD Hotels has apparently taken over at 180 Ludlow. This morning an EV Grieve reader noted that there seemed to be increased nighttime activity inside the hulking shell sandwiched between “The Ludlow” apartment building and Max Fish. BD Hotels operates the Maritime, Chambers, Greenwich, Jane and Bowery hotels. The sale had been rumored for many months, but it was held up by a lawsuit between Hoyda and the previous owner of the building site.
The headline in the Observer this afternoon reads, “Lower East Side finally getting a half decent boutique hotel.”
Read our previous coverage of the endless 180 Ludlow saga here.
It looks like 180 Ludlow, one of a handful of languishing hotel projects on the Lower East Side, is one step closer to being resuscitated. Financing woes, legal battles and problems with city permits idled the construction site more than two years ago. But at least one of developer Serge Hoyda’s obstacles in finishing the job has now been cleared.
In the past week, the Board of Standards and Appeals finally gave Hoyda the go-ahead to resume work on the 20-story hotel, which has plagued Ludlow Street businesses and residents for several years. Initially, the city only gave him two years to complete the project (which was approved before new height limits were imposed on this block). Now he has another two years to get the job done (May 2013 is the new deadline).
So far, no new permits are showing up in the Department of Buildings’ computer system. There’s been talk that Hoyda intends to sell the building site. As we reported a few weeks ago, Ira Yavarkovsky (who owned several parcels making up the development site), is suing Hoyda, alleging that Hoyda still owes him $12 million for the land.
Community Board 3 declined to support Hoyda’s application for an “extension of time,” in part, because he could not commit to hiring at least 20% local workers once the hotel opens for business.
180 Ludlow Street.
The saga of 180 Ludlow, one of the Lower East Side’s most infamous stalled building sites, is taking another strange turn. The luxury hotel turned rental apartment building is now a hotel project again. This is, at least, the hope of developer Serge Hoyda, who has been having a very rough time winning the approval of the city’s Board of Standards and Appeals (BSA).
Last night Jessica Loeser, Hoyda’s attorney (and a public member of CB3’s land use and zoning panel) walked her colleagues on the committee through the latest strategy to close up the hulking shell of a building that has been a blight on the neighborhood since 2007. Having recused herself from voting on the issue, Loeser explained that the application for a zoning variance (needed to convert the hotel to an apartment complex) was withdrawn, after it became clear the BSA was “not warming up to the proposal.”