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Photo: Former home of Alleva Dairy in Little Italy.

In the news this week:

–A new report indicates the Lower East Side has become a buyers market for house hunters. “Tempered competition (on the Lower East Side as well as in Yorkville and Hell’s Kitchen) is likely related to affordability challenges after the sharp jump in mortgage rates last year. In the Lower East Side, more than a quarter (28%) of listings reduced asking prices in Q4 2022, 10 percentage points higher than a year ago, and the median asking price dropped to $1.3M.” [Streeteasy]

–A building in the neighborhood, 111 Mott St., was evacuated due to concerns about the stability of the facade. The Red Cross helped some residents temporarily relocate while others were staying with family and friends. [ABC 7]

–The Manhattan District Attorney announced the indictment of two men in connection with an attack on Ray Alvarez, the owner of Ray’s Candy Store. [EV Grieve]

–At a recent community board meeting, City Council member Christopher Marte was questioned about his office’s response after a staff member was accused of harassing a reporter for a Chinese language newspaper. Marte said it’s up to the City Council’s general counsel to decide how the complaint will be addressed. [Daily News]

–Community Board 3’s transportation committee meets this coming Thursday evening to consider support for co-naming Mosco Street in Chinatown for the photographer and community activist Corky Lee, who died during the pandemic. [CB3]

–There will also be discussion of several Open Streets applications, including Broome Street between Allen and Ludlow streets, Canal Street from Essex to Orchard streets, Forsyth Street between Division Street and East Broadway, Jefferson Street between East Broadway and Henry Street, Ludlow Street between Stanton and Rivington streets, Orchard Street between Grand and Delancey streets and Pell Street between Mott Street and Bowery, among others. [CB3]

–Alleva Dairy is gone from Little Italy after 130 years. The shop is moving to New Jersey. [New York Post]

–In appreciation of the squid ink pasta at Bacaro. [Eater]

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