It looks like a 10-story hotel is finally going up at 119 Orchard Street, the former home of Fine & Klein Handbags. Curbed noticed Buildings Department records spelling out plans for a “mix use building with residential, hotel, eating and drinking establishment and (a) community facility.”
The restaurant/bar would be in the “cellar/sub-cellar,” a healthcare facility is envisioned on the first floor and there would be 16 hotel rooms and four apartments. Back in 2008, the Real Deal reported that Shimon Avadi of SAS Property Management had purchased the site for $4.22 million and planned to develop a boutique hotel. But like so many projects begun as the economy cratered at around that time, the parcel languished as construction plans were put on hold. Building ownership has not changed.
The Lower East Side rezoning in 2008 put in place a 120 foot height limit on Orchard Street (the parcel is zoned C6-2A). The building will be about 11,500 square feet.