Allen Street Hotel

Rivington Street Properties Adjacent to Allen Hotel Back on the Auction Block (Again)

Posted June 23, 2016 at 5:00 am

It’s a Lower East Side corner mired in years of project site dormancy, foreclosure, and resultant bankruptcy proceedings. Another piece of Allen and Rivington Streets is on the precipice of auction. Yet again. You’ll recall that the stalled-out Allen Street Hotel fetched $30.75 million in an auction last month. The lucky buyers – real estate […]

Filed Under

Stalled Allen Street Hotel Sells in Auction for $30.75M; Moinian Father and Son Now Own Hotels Here

Posted May 11, 2016 at 5:11 am

After a drawn-out foreclosure process wrought with drama and years sitting vacant, the sixteen-story Allen Street Hotel is finally under new ownership. The properties comprising 139-141 Orchard Street sold in auction yesterday to real estate tycoon Morris Moinian and his partner Morry Kalimian of Elk Investors. The duo paid $30.75 million for the eyesore, and plans […]

Filed Under

Streets

2 Rivington Street Properties Adjacent to Allen Street Mall on the Auction Block for $11M+

Posted April 22, 2016 at 5:14 am

The bones of a stalled Lower East Side hotel development are being picked apart piecemeal. DAB Group’s dream is done. As part of the overall failure of the Allen Street Hotel on its backside, two adjacent properties on Rivington Street are similarly up for auction. A U.S. Bankruptcy Court judge is soliciting bids, via Eastern […]

Filed Under

Troubled Allen Street Hotel Back on the Auction Block After Years of Arrested Development

Posted April 7, 2016 at 5:00 am

The last of the Hell Square towers to cross the finish line – the sixteen-story Allen Street Hotel – is again on the auction block. A zombie ready for rebirth. For the second time since January 2015, the creditor that seized the property from D.A.B. Group (aka Ben Zhavian) during bankruptcy proceedings seeks a buyer to finally […]

Filed Under

Streets

Fro-No: Red Mango on Allen Street is Closed for the Duration

Posted September 30, 2015 at 5:15 am

Mass market fro-yo really is going the way of the Dodo. Pinkberry and 16 Handles are both losing retail spaces across town. Red Mango, too, it seems. The four-and-a-half-year-old Red Mango at 145 Allen Street has been silent for the last free weeks. Roll-down security gates are drawn during the stated business hours and calls to […]

Filed Under

Streets

Chabad LES Constructs Sukkah on Foundation of Stagnant Allen Street Hotel

Posted September 28, 2015 at 5:10 am

The Allen Street Hotel is nowhere near completion. Nevertheless, its northern flank has taken a turn toward the divine. In a stroke of ingenuity, congregants from the Lower East Side chapter of Chabad transformed the tattered sidewalk plywood  fence into a makeshift Sukkah. The concrete platform – inactive for ages – is essentially the backyard […]

Filed Under

Allen Street Hotel Lambasted by CB3 in Bid for Extension to Complete Project

Posted September 10, 2015 at 4:51 am

The Allen Street Hotel is a convoluted clusterfuck that’s more than eight years in the making. We’ve seen it all – everything from foreclosure and property sales to owner Ben Zhavian allegedly threatening the creditor’s lawyer with rape. It snuck onto the scene in the eleventh hour before the 2008 zoning took hold, and slyly […]

Filed Under

Streets

Angry Developer is the Reason Why Triston Eaton Mural was Erased from Allen Street Last Week

Posted April 30, 2015 at 5:10 am

Last week, the Little Italy Street Art Project teamed up with Triston Eaton for a mural above Allen Street. Right beside the long-stalled Allen Street Hotel. The short-lived collaboration was a co-branded effort with Guess that featured one of their models. Yet it barely lasted three days. The fly-by-night erasure had been a mystery to […]

Filed Under

Art

Streets

Artist Tristan Eaton is Painting a Four-Story Mural on Allen Street

Posted April 20, 2015 at 5:12 am

It’s not just the Bowery graffiti wall that received attention this past weekend… The Little Italy Street Art Project is again crossing the Bowery into the Lower East Side for a larger-than-life mural. This time around they’ve tapped the creative services of street artist Tristan Eaton. And what better place than the wall flanking one of […]

Filed Under

Art

Streets

Park Avenue Developer Bids $33M for Long-Stalled Allen Street Hotel

Posted January 22, 2015 at 5:12 am

One midtown developer is willing to pay $33 million for the beleaguered Allen Street Hotel. Unless they’re outbid. Yes, the convoluted history of the Allen Street Hotel is taking another turn toward the unexpected. At a height of sixteen stories, this zombie property, the last of five Hell Square hotels to reach completion, has been […]

Filed Under