Moscot Appears to be Leaving its Lower East Side Flagship, but is Not [Updated]
[Updated below] Moscot, the fifth-generation Lower East Side eyewear business, is again undergoing change. The indie-luxe brand is reportedly planning to depart its eight-year-old (graffiti-sheathed) flagship on the museum block of Orchard Street.
Earlier this week, commercial real estate listings for 108 Orchard began to surface on Craigslist.
Updated: the Craigslist post was an error. The listing agent got in touch with us to admit this, saying that Moscot is staying at 108 Orchard Street. The listing posted to Craigslist was “a mistake.”
The Moscot flagship shop is a refugee of sorts. This would be the second move within a decade.
Founded as a modest pushcart business in 1915, family patriarch Hyman Moscot scored success, leading to the original store at 118 Orchard in 1936. And there it stayed for 76 years. Until Helm Equities purchased the building with plans to construct the present-day twelve-story residential tower, forcing Moscot to cross Delancey to its current spot.
Nevertheless, it’s also worth a reminder that 94 Orchard Street is owned by CEO Harvey Moscot who purchased this spring for $4.75 million.