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 371 Madison Street. Photo: Prudential Douglas Elliman.
Here’s a story that tells you a lot about both the old and the new Lower East Side. In today’s Wall Street Journal, Chinatown banker and developer Thomas Sung details plans for luxury condos at 371 Madison Street, the gorgeous former public school building he bought at auction in … Continue reading
 145 Ludlow Street.
Look what’s popped up on StreetEasy. Ubiquitous Lower East Side real estate developer Sion Misrahi is trying to unload 145 Ludlow Street. You might remember this parcel as the short-lived “Time Share Backyard,” that slice of suburbia that made headlines last summer.
Misrahi had been battling his longtime nemesis, the Department of Buildings, to … Continue reading
 The five-story walk-up building at 51 Hester St. changed hands last week.
The five-story building at 51 Hester St., near the corner of Essex Street, has been sold to a new owner.
Land records dated in late December but just filed last week show that a corporation called Wan You Inc. with an address of 99 Canal … Continue reading
 The area outlined in orange, a total of six lots, is slated for redevelopment as a luxury rental building called Alphabet Plaza.
We have a follow-up on “Alphabet Plaza,” the 12-story residential and commercial building being planned at East 2nd Street and Avenue D. Last week, the Real Deal reported that Queens-based Kahen Properties is preparing … Continue reading
 A rendering of one proposal for Pier 42 along the East River.
Two major projects along the East River waterfront moved one step closer to reality this morning, when the Lower Manhattan Development Corporation voted officially to fund them.
As we’ve been expecting, the redevelopment of Pier 42 was allotted $14 million, while another $1.9 million was tagged for … Continue reading
 The area outlined in orange, a total of six lots, is slated for redevelopment as a luxury rental building called Alphabet Plaza. Source: NYC digital tax maps and land records.
Kahen Properties, a Queens-based real estate company, has announced plans to develop a 12-story, 135-unit luxury rental building at the corner of Avenue D and 2nd Street. The … Continue reading
 Preliminary drawings for the 12-story condo building at Delancey and Pitt streets show a height of nearly 120 feet.
Late last summer, we brought you the news of a new condo building planned for a large lot at the corner of Delancey and Pitt streets. A group of 53 investors pooled their resources to purchase the land … Continue reading
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