United Hebrew Community Buildings at 201-203 East Broadway Sold for $8.5M; Demolition Permits Already Filed

Posted on: September 14th, 2015 at 5:00 am by
This image has been archived or removed.

More Jewish history on East Broadway is being uprooted. Roots that date back to the turn of the twentieth century.

The United Hebrew Community nonprofit organization just sold their century-old stake in the Lower East Side. A corporate entity called 201 EB Development III, LLC (owned by Daniel Wise) picked up the the former headquarters at 201-203 East Broadway for $8.5 million last month. The two nondescript properties had been on the market since last year for $10.5 million.

Both tenements will soon disappear, though. Asbestos abatement notices were the first signal of demise, and arrived shortly after the transaction. Demolition permits were then filed with the Department of Buildings last Thursday. A new development is definitely in the works here, but nothing conclusive is on file just yet.

The two-parcel site is zoned for 28,152 buildable square-feet, but can tack on an addition 9,000 square-feet if a community facility is included in the new development.

This image has been archived or removed.

United Hebrew Community, a nonprofit Jewish organization, purchased the side-by-side buildings upon its founding in the early 1900s. They had occupied 15,000 square-feet of space. This is a definite loss for the block, both aesthetically and historically. The twin tenements were constructed in 1837 and subsequently modifed in 1900.

The United Hebrew Community was founded in 1901, and is pitched as “the leading Jewish burial society in New York.” Differed from other “landsmenshaften” burial societies, which typically served immigrants from a couple of European towns; they provided services to a cross-section fo the Jewish community, such as a free synagogue and proper burial for many Jews who were refused membership to other such organizations. It’s now located in Woodmere on Long Island (1023 Broadway)

Recent Stories

Developer Begins Demolition of Rutgers Street Playground for Temporary Parking Lot

Demolition work began this week on a Lower East Side park that is a focal point in the tension between the community and developers on the waterfront. The backhoes are out and job now underway at Rutgers Park, the small public space beside the Lands End II residential development. Removal of the playground began yesterday, including […]

The 3 Lower East Side Walk-ups that Sold for $35M

Earlier this month, we reported that SMA Equities, the Long Island real estate firm with controversial history on the Lower East Side, sold a portfolio of its area properties. SMA unloaded three tenement walk-ups to Daniel Fishman of GAIA Real Estate – 102 Norfolk Street, 177 Ludlow Street, and 99 Allen Street – for an […]

H&M Debuts Pop-up Hotel on the Bowery this Weekend

Fashion retailer, H&M, is headed to the Lower East Side this week with a pop-up hotel concept. Starting tomorrow, prospective guests can access the so-called Hotel Hennes via the eponymous 3 Freeman Alley. The three-day publicity stunt will be open through Saturday, from 2 to 9pm. Guests will be able to check in for an […]

Sneakerhead Arrested for Knifing Customer at Hypebeast ‘HBX’ Opening on Division Street

A watershed moment for Hypebeast transformed into a melee on the Lower East Side last week. The Hong Kong-based fashion and lifestyle publication on Friday officially debuted in the seven-story commercial loft building at 41-43 Division Street. Its ground-level store – dubbed HBX – attracted a queue of sneaker heads waiting for a limited edition Nike […]

Arsonist Torches Eldridge Street Beauty Parlor

Two people were injured yesterday evening after an arsonist set ablaze a beauty parlor on Eldridge Street, according to several published reports. The incident transpired shortly before 5:00pm at the Sa Sa II Beauty Salon, located at 129 Eldridge Street. Cops said the suspect poured gasoline inside the store and set it on fire. (Initial […]