Brack on the Bowery

Posted on: March 26th, 2009 at 8:09 am by

Last summer, news broke that Brack Capital Real Estate purchased 185 Bowery, thereby staking a monster claim on the northeast corner of Bowery and Delancey. Indeed, their portfolio now boasts the four properties between 185 and 191. Final plans are unconfirmed, but many believe a shiny hotel will rise from the ashes.

As of yesterday, the plan to raze the row is advancing, albeit very slowly. Pasted to the front door of 189 Bowery is a DOB vacate order. Based on this evidence alone, it seems that this might be the first of the four buildings to fall. LES denizens, prepare for yet another protracted construction site!

Related Reading:
Bowery Stories [Vanishing NY]
Hotel, Condo, & More on Busy Bowery Block [Curbed]
Brack Buys Bowery Townhouse [Real Deal]

Recent Stories

Displaced Chinatown Business Returns Months After Devastating Fire

Four months after a deadly fire knocked out 78 Mulberry Street, one of its businesses returned to the scene. Ewa Trading Company reopened in its former Chinatown home earlier this week. The store had spent some of the interim displacement period selling from a shuttered Vietnamese restaurant a few paces north. The two-alarm fire broke […]

EDC Sues Essex Restaurant for Back Rent over Former Essex Market Lease

Three years removed from its relocation across Rivington Street, the city filed suit against the Essex restaurant for alleged unpaid rent. The Economic Development Corporation (EDC) sued Essex for nearly $60,000 in unpaid back rent on the former Essex Market building it previously occupied, according to the lawsuit filed Monday. The city entity claims that […]

Exile on Orchard Street: Tenement Museum Recreates Exhibits During Renovations

The Tenement Museum is amidst a preservation project at 97 Orchard Street, but will continue its programming with replicas not too far away. The 1863-era tenement this past Sunday embarked on “vital” restoration work to preserve its walls, floors, roof, as well as the installation of a new HVAC system that will provide improved climate […]

Former Home of Stanton Social on the LES Hits Market for $5.9M

Stanton Social has been in the grave for nearly four years. Now, its former home is back on the market. The two-story building – located at 99 Stanton Street in Hell Square – carries an asking price of $5.9 million. B6 Real Estate Advisors is listed as the exclusive brokerage for the property, which has […]

DOT to Pave Pock-Marked Pell Street; Sheds Removed

Pell Street is finally on deck for a resurfacing, forcing numerous Chinatown businesses to dismantle their street shed annexes. Those who operate outdoor dining sheds along Pell Street received notice this week from the Department of Transportation to dismantle structure ahead of scheduled street repaving. This small neighborhood street – which once terminated at Division – […]