Aby Rosen Purchased Women’s Shelter on Lafayette Street, Seeks Flagship Retail Tenant

Posted on: July 29th, 2015 at 5:12 am by
This image has been archived or removed.

Last fall, Aby Rosen hit the supermarket sweep, as it were, scooping up several properties across Manhattan for his RFR Realty portfolio. The spree even netted the iconic Germania Bank Building at 190 Bowery. Another property acquired around the same time was the active homeless women’s shelter at 348 Lafayette Street, purchased for $26 million. That transaction wasn’t finalized and recorded until earlier this month, though.

According to a listing on the RFR Realty website, Rosen and company will eventually renovate the hulking structure and lease to a “fashion house” or “single high-end tenant.” Wow. It’s being marketed as an opportunity for flagship retail or “boutique office tenants.”

Total SF
Retail Basement 3,000sf
Retail Ground 2,998sf
Retail Floor 2 3,944sf
Retail Floor 3 4,056sf
Retail Floor 4 2,079sf

This image has been archived or removed.

RFR Realty prefers to recognize the 11 Bond Street address here for obvious reasons. The rags-to-riches sidestreet is a downtown destination for luxury, and this baptism is no exception. Meaning, there’s not much room left for an operational 43-bed homeless shelter here anymore.

The Real Deal also reported on the sale.

Recent Stories

Ludlow Coffee Supply Pays Tribute to ‘Mail Art’ Artist Ed Higgins

A local coffee shop is paying tribute to an iconic Lower East Side artist. Ludlow Coffee Supply recently hung artwork by the late Ed Higgins III on its cafe wall. The exhibit was installed by the nearby Van Der Plas Gallery, which had previously featured his work. Higgins, known as a pillar of the “Rivington […]

Eighteen-Story ‘Moxy’ Hotel Woos its Bowery Neighbors

Moxy is meeting the neighbors, currently amidst the requisite charm offensive ahead of its new hotel debut on the Bowery. The superstructure at 151 Bowery – construction of which had been on pause during the initial phase of the pandemic – topped out last October and now sits at eighteen stories. Joining the sky-high company […]

Another Lower East Side Crab Shack Shutters

It’s a crisis of crab cakes on the Lower East Side. In an apparent coincidence, two dedicated crab shacks – both located within a few blocks of one another – closed just days apart this month. As previously reported, Crab Du Jour closed down its franchise at Grand and Suffolk Streets within the last couple […]

A Show of Strength and Mourning As NYPD Responds to Domestic Dispute Call on Elizabeth Street in Little Italy

A man armed with a knife threatened his family in an Elizabeth Street apartment, then barricaded himself, cops said. At approximately 12:30pm on Monday, sources said the assailant menaced his family inside 239 Elizabeth – allegedly with a knife – then barricaded inside another room. Officers from the 5th Precinct arrived in good time, and entered the […]

Sheldon Silver, Disgraced Assembly Speaker from LES, Dies at 77

Sheldon Silver, the disgraced powerhouse of the New York State Assembly, and native Lower East Sider, whose career was toppled by a 2015 corruption conviction, died yesterday. He was 77. According to the New York Times, Silver, who maintained a residence at Hillman Houses, had been imprisoned at Devens Federal Medical Center in Ayer, Massachusetts. […]