In case you missed this story from Friday … Katz's has sold its air rights. However, the 126-year-old deli isn't going anywhere. Just getting some new neighbors, mostly likely.
BoweryBoogie and The Lo-Down first reported on this Friday morning.
There is a lot of speculation on the future of the block of East Houston between Ludlow and Orchard…
First, part of the Katz's statement via BoweryBoogie from co-owner Jake Dell:
The most important thing is that the future of Katz’s is secure — at the end of the day, no developer can ever come in and knock us down to put in a high rise. At no point will anyone value the corner of Houston and Ludlow for anything other than Katz’s Delicatessen. A year after our 125th anniversary, this will help ensure that we can see our 150th, and hopefully many more to come.
As for the rest of the block… BoweryBoogie reported back in March that Ben Shaoul was close to buying that L-shaped parcel of single-level businesses. Several of the restaurants have already cleared out, including (sob) Bereket.
The 2008 Lower East Side rezoning allows for buildings up to 12 floors (120 feet) here.
You can get a choice seat to this likely incoming development from one of those new condos right behind Katz's.