Morning Reads: LES Real Estate Snapshot, Tenant Advocates Counting on Silver, Helmut Lang Show

By
Ed Litvak
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A look at the residential and commercial real estate picture on the Lower East Side, where some new projects are priced at $4,000/square foot (Real Deal).

Sheldon Silver is a key figure in the upcoming battle to strengthen New York’s rent laws. One tenant advocate says: “There is leverage, if Shelly Silver chooses to use it.” (City & State)

Council member Rosie Mendez worries that the latest plan to inject new capital into NYCHA is a worrisome stop toward privatization of public housing (Next City).

Justin Davidson says the mega project at the South Street Seaport “would save the neighborhood in order to destroy it, a Faustian bargain that the city must reject.” (NYM)

Dov Charney, American Apparel’s vanquished CEO, is down on his luck and sleeping on a friend’s couch on the Lower East Side (Bloomberg).

Helmut Lang’s sculptures will go on display at the Sperone Westwater Gallery next month (Architectural Digest).

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