Despite $30.75M Sale of Allen Street Hotel, the Abandoned Eyesore Remains a Disgusting Toilet

Posted on: August 11th, 2016 at 5:00 am by
This image has been archived or removed.

After a drawn-out foreclosure process wrought with drama and years sitting vacant, the sixteen-story eyesore known as the Allen Street Hotel is finally under new ownership. The properties comprising 139-141 Orchard Street sold in auction this past May to real estate tycoon Morris Moinian and his partner Morry Kalimian of Elk Investors.

The duo paid $30.75 million for the incomplete development with the intention of completing the project within twelve to sixteen months. Yeah, that’s not happening. And to that end, it certainly appears as though Moinian and Kalimian don’t care about the investment. Instead, the rotting building remains a dumping ground for human excrement, mattresses, household garbage, and a host of other sundries.

So much so, in fact, that locals know to avoid walking beneath the sidewalk shed – on either side of the property (Orchard and Allen) – at all costs.

This image has been archived or removed.

“We call 311 continually but nothing has been done,” one fed-up neighbor tells us. “It’s a health hazard to live next to … and is getting worse.”

Nothing new, really. The previous owner, developer D.A.B. Group, let the property rot for the entirety of foreclosure and bankruptcy.

Update: Tim Laughlin from the Lower East Side Partnership tells us that the mess was “addressed yesterday by DSNY and have been fully remediated in coordination with agency partners.” It’s only a matter of time, though, before it worsens again. 

The Allen Street Hotel snuck onto the scene in the eleventh hour before the 2008 zoning took hold, and slyly ascended sixteen stories. Three years later, D.A.B. Group allegedly ceased the necessary mortgage payments, and the property slipped into foreclosure.

Here’s to another few years of piss and shit on the block.

This gallery has been removed.

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 […]