Knickerbocker Village

Knickerbocker Village Tenants File Lawsuit to Stop Sale to L+M

Posted June 20, 2022 at 5:01 am

A group of Knickerbocker Village residents is suing to stop the multimillion-dollar sale of the affordable complex to L+M Development Partners. The organization, Concerned Tenants of Knickerbocker Village, fears that L+M, which reached a memorandum of understanding with the tenants association in February, will try to displace low-income tenants in favor of wealthier renters; and […]

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What L+M Agreed to Ahead of Knickerbocker Village Sale

Last modified March 24, 2022 at 3:09 pm

This week, a group of concerned residents in Knickerbocker Village initiated a press action to stymie the potential sale of the housing complex to L+M Development Partners. The group, calling themselves Concerned Tenants of Knickerbocker Village, fears that L+M, if successful in the purchase, will try to displace low-income tenants in favor of wealthier renters; […]

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Knickerbocker Village Tenants Rally to Stop Sale to L+M Development

Last modified March 23, 2022 at 3:31 pm

Exactly one year ago, we broke the news that Knickerbocker Village on the Lower East Side was exploring a potential sale to L+M Development Partners. Hundreds of Knickerbocker tenants fear what this possible sale spells for the residential complex, and are holding a press conference later today to demand the Division of Housing and Community […]

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L+M Development Exploring Purchase of Knickerbocker Village

Posted March 29, 2021 at 5:00 am

Knickerbocker Village, one of the largest residential complexes in the city, is exploring a possible sale to L+M Development Partners, several tipsters tell us. Current management has reportedly been in ongoing negotiations with the prospective buyer, price unknown. And even though the deal is not yet final, tenants are concerned about the fallout. Namely the […]

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Revisiting the Rise of Brooks Brothers on the Lower East Side

Posted July 15, 2020 at 5:08 am

Last week, Brooks Brothers filed for Chapter 11 bankruptcy protection, citing the coronavirus shutdown and fashion trends toward casual. Two firms are vying to acquire the 202-year-old formal wear company and inject new capital. Ergo, the time seemed appropriate to revisit the store’s connection to the Lower East Side. Brooks Brothers was actually founded near […]

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City Council Passes Bill that Keeps Knickerbocker Village Affordable for 50 Years

Posted November 1, 2019 at 5:08 am

City Council passed a resolution Thursday afternoon that preserves affordable housing at Knickerbocker Village for the next fifty years. The bill provides a property tax abatement that will help offset future rent hikes. Years ago, management for the Two Bridges residential complex announced a rent hike of 13% to account for upgrades to the aging […]

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Revisiting the Rise of Brooks Brothers on the Lower East Side

Posted October 12, 2018 at 5:06 am

Brooks Brothers shuttered its Financial District store yesterday (October 11), a location the company held for the last 45 years. The landlord, Brookfield Properties, hopes to “overhaul the property.” “The store is closing due to the landlord’s plans for extensive renovations and changes to the building,” Brooks Brothers VP global public relations told Patch. “We […]

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Is the Knickerbocker Village Gallery Show a Trojan Horse for Potential Co-op Conversion? [Updated]

Last modified May 22, 2018 at 10:52 am

When it comes to real estate speculation in low-income areas, a gallery show is oftentimes a Trojan Horse. Making things look pretty and appealing for prospective suitors. Especially in gentrifying neighborhoods like the Lower East Side or the South Bronx, where a distasteful “Bronx is Burning” party was held last year that exploited stereotypical tropes […]

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Knickerbocker Village is Hosting its First Pop-Up Art Show with Residents

Posted May 18, 2018 at 5:03 am

Knickerbocker Village is hosting its first ever pop-up art show, exclusively showcasing art from residents within the 1,600-unit affordable housing community in the Two Bridges neighborhood. Guest curated by Anna Kustera, the exhibition will highlight diverse, creative talent from the likes of Danna Call, Jessica Delfino, Hadassah Diaz, Russell King, Gloria Klein, Carter Kustera, Sean Mellyn, […]

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Today in 1818: Brooks Brothers Debuts on the Lower East Side [HISTORY]

Posted April 7, 2014 at 10:01 am

You’re now looking at an archival photograph looking eastward down Cherry Street sometime in the 1920s. The Manhattan Bridge overpass is clearly visible in the background. Closer to our vantage point (sign reading “RUGS”), however, was the original location of Brooks Brothers. That’s the northeast corner of Cherry and Catherine Streets. The upscale clothier began […]

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