Nabe News: October 22
Stuy Town tenants score victory, Hotel Ludlow comes undone, and LES pirates, all in today’s LES neighborhood news!
Tishman Speyer is in deep doo doo. The New York Times is reporting that the New York State Court of Appeals ruled against the cash-strapped owners of Stuy Town/Peter Cooper Village complex. An estimated $200 million in damages might be doled out to tenants of some 4,000 apartments. Justice served [New York Times]
Trash art on Orchard Street and the Bowery [Vanishing NY]
The stalled Hotel Ludlow at 180 Ludlow will be resurrected as “downmarket” rental units. The new project will reportedly offer 158 rent stabilized units, mostly studios. Still not much in the way of affordable housing, though. Just FIVE units! All this right next door to The Ludlow [Lo-Down]
A look at Chico’s new anti-violence mural at Houston and Avenue B [EV Grieve]
Recognizing the importance of Economy Candy on Rivington [Ephemeral NY]
Addie’s mosaics an East Tenth Street apartment [GammaBlog]
Infamous 17th Century pirate Captain Kidd once lived on Pearl Street. “The pirates boosted the sagging local economy. New York merchants such as Steven De Lancey – of Delancey Street – financed ships that sailed halfway around the world to sell provisions and arms to New York pirates operating out of St. Mary’s Island, Madagascar.” [Knickerbocker Village]