The Real Deal reports that Goldman Sachs is investing almost $500 million in Essex Crossing, making it the “biggest bet ever” for the bank’s Urban Investment Group.
The New Yorker offers more thoughts about the looming demise of St. Mark’s Bookshop, “one of the last living vestiges of the East Village’s punk history, a symbol of an older era of New York City life.” But writer Ada Calhoun notes, “St. Mark’s Bookshop has… seemed frustratingly unwilling to seek out new streams of revenue.”
Meanwhile, Jeremiah Moss talks with Rafay Khalid, “who has been quietly working behind the scenes to make sure the East Village still has a bookshop here tomorrow–and for a long time.”
ICYMI: The Times pays tribute to a “Neighborhood Joint,” 169 Bar. “The intense lighting, the empty fish tank, the wall-mounted Tyrannosaurus rex head — all are all part of 169 Bar’s psychedelic, ramshackle charm.”
Fashion Times talks with David Zarin of Zarin Fabrics.
They love Penny Arcade in Australia and are a little perplexed why the Lower East Side performance artist isn’t a bigger deal in the United States.
Community Board 3’s State Liquor Authority Committee meets at 6:30 p.m., 59 East 4th St. On the agenda: an application from the Talde team to open several venues at a new Chinatown hotel; a proposal for a large venue next to Fontana’s Bar on Eldridge Street. Fontana’s is closing in a few weeks.
Scarr’s Pizza is scheduled to open this evening at 22 Orchard St. Scarr Pimentel has blended a 1970s aesthetic with high quality pizza-making in this new local spot. He’s milling the flour on site and vegetables are sourced locally. The restaurant has a beer and wine license.