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Real Estate

Residents Return to Building Destroyed by Fire

From the ashes of a terrible tragedy, a bit of good news has emerged. It was last February 24th that an electrical fire swept through an old tenement building on James Street, near St. James Place in Chinatown. Three...

TLD Interview: Harold (Heshy) Jacob on SPURA

No one ever accused Harold "Heshy" Jacob of holding back. A dominant figure on Grand Street for more than 30 years, he has strong opinions and is not afraid to express them loud enough for everyone to hear. Calling...

Tough Questions For the Owner of 180 Ludlow

It was a tough afternoon for developer Serge Hoyda at the Board of Standards and Appeals. As we've reported in the past, he wants to convert 180 Ludlow, a stalled hotel project, into a 20-story residential rental building.  Commissioners...
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The Demolition of 185 Bowery

Longtime LES resident Michele Campo of the Bowery Alliance of Neighbors sent along these pictures of the demolition of 185 Bowery, which finally got underway this past week. The Real Deal reported two years ago that the global real...

CB3 Panel Plans to Discuss SPURA Housing Issues in the Spring

This week, a CB3 panel began to telegraph the road ahead in the elusive quest for the redevelopment of the Seward Park Urban Renewal Area.  The land use, zoning and housing committee has been meeting for many months, in...

Co-op President Discusses Views on SPURA Redevelopment

Michael Tumminia, president of the Seward Park Co-op, says 43 years is long enough to wait for redevelopment of the Seward Park Urban Renewal Area (SPURA). In a recent interview with The Lo-Down, he acknowledged, "the Grand Street co-ops...
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91 Avenue D Sells For $1.3 Million

Today's featured closing from the real estate firm Massesy Knakal is 91 Avenue D. The 3-story mixed use building located on the corner of East 7th Street was sold for $1.3 million. There's a deli on the ground floor...

Misrahi: New Plan For 180 Orchard Tangled in DOB Red Tape

We have some new information this morning about the fate of 180 Orchard, the infamous stalled hotel/residential/retail complex just below Houston Street.  Last week, we reported the developer, Morris Platt, had resumed negotiations with the Department of Buildings to...

Affordable Housing, Preservation Dominate Discussion at Chinatown Town Hall

The world's most famous community organizer, Barack Obama, said it just last week: Democracy is sometimes messy.  Even he might have been intrigued by the scene on Baxter Street last night.  Close to 200 residents huddled around long tables...
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Luxury Housing on Avenue D – More Debate, and a Decision

Our story last month about a luxury development planned on Avenue D touched off an interesting debate among some of our readers about affordable housing. That debate continued during Community Board 3's full board meeting last week.  As you...
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Latest News

Apartment of the Week, Sponsored by LoHo Realty

Address: 385 Grand Street, #L605 Price: $625,000  Maintenance: $925.00 Open House: Sunday, April 14th from 12:00 - 1:00 pm Spacious 1 bedroom apartment in the highly sought...

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