Extell Holding Public Presentation About Its Pathmark-Killing, 68-Story Skyscraper

Posted on: June 2nd, 2014 at 6:07 am by
This image has been archived or removed.

Exactly a month after demolition activities began, 227 Cherry Street is now nothing more than a skeleton of its former self.

And while the systematic pulverization of the Pathmark wraps up, the Lower East Side community anxiously awaits the eventual force-feeding of 68 stories of upscale residential. With good reason, too. Since news first broke about the supermarket demise and skyscraper replacement, the Extell Development Company was never forthcoming about its plans, and notoriously hung the media out to dry. Yet now the high-profile city developer is finally coming clean about its grandiose intentions for this gargantuan parcel of land.

Extell will give a public presentation on its development at CB3’s Land Use, Zoning, Public & Private Housing subcommittee meeting on June 18.

This image has been archived or removed.

As previously reported, the tower will bring 787 residential units to the corner of Pike and Cherry Streets. All at the expense of a neighborhood necessity. The likelihood of a budget grocery returning here seems slim at best.

Extell purchased the development site last year for $175 million.

Recent Stories

Teenager Arrested in Connection with Essex Card Shop Fire on Avenue A

A teenager has been arrested in connection with the alarm fire that destroyed the Essex Card Shop at 47 Avenue A last week. EV Grieve first confirmed the news yesterday. Charges against the 13-year-old – whose name was withheld due to his age – include second-degree arson. Officials told the blog that that the arsonist […]

Woman Dies Month After Being Hit by School Bus in Chinatown

A pedestrian struck by a school bus in Chinatown last month has succumbed to her injuries. On December 16, at approximately 1:45pm, 67-year-old Ahhon Lau was struck in the intersection of Monroe and Catherine Streets. When officers arrived at the scene, Lau was found unconscious and unresponsive, with trauma about the body. EMS transported her […]

Brooklyn Fare Market Makes it Official at One Manhattan Square

Brooklyn Fare Kitchen & Market officially announced its Lower East Side entrance with banner advertising at One Manhattan Square. The vinyl skins are now in the windows along Cherry Street, advertising free delivery and fresh produce. As previously reported, the upscale grocer signed a lease to occupy 25,500 square-feet across two floors in the base […]

Crab du Jour Goes Down After a Year on Grand Street

Crab du Jour, the ubiquitous franchise selling Cajun-style seafood, closed its Lower East Side location earlier this month. The shutter comes exactly one year after the fast-food spot first opened at 384 Grand Street. Several readers alerted us to the closure, noting that the restaurant hasn’t been open the last several days. Moreover, customers can […]

Former Red Square Retail Demolished for New Development

Nearly six years ago, the Dermot Company purchased the former Red Square for $100 million from Michael Rosen. The residential complex was further upscaled in the interim, and whitewashed into submission. The $100 million deal included space in the adjacent one-story retail. What largely went unnoticed at the time, though, is that the Rosen family […]