Wednesday, July 7, 2021

Sale of 109 E. 9th St. made official

The five-story building at 109 E. Ninth St. that housed the now-closed Central Bar recently changed hands — as of June 28 — for $3.35 million, according to the @TradedNY account.

No. 109 between Third Avenue and Fourth Avenue features 13 residential units and a retail space. 

The longtime owner was listed as a trust with a Los Angeles address. The name of the new owner has not hit public records just yet.

According to the New York Business Journal: "The property's current zoning allows for up to 15,000 buildable square feet and the possibility for future development or air rights sales."

The Central Bar, the bi-level sports bar-lounge, closed this past March. In a letter to patrons, the bar owners noted: "Our landlord has sold the building and the new owners will not be keeping us as tenants."

Some years back, the address was home to Pageant Book & Print Shop, and its storefront served as a location for Neil Simon's "Chapter Two" and Woody Allen's "Hannah and Her Sisters." 

You can now find Pageant Print Shop at 69 E. Fourth St. between Second Avenue and the Bowery.


Pennys herb co said...

Many moons ago💥
There was a great restaurant next door
EAST WEST (fantastic food❤️💥❤️💥❤️🫖

Anonymous said...

"The longtime owner was listed as a trust with a Los Angeles address." This should not be allowed You want to own property, you should be a recognizable human being and live locally.

Anonymous said...

Coming soon: another bland glass box building.

Grieve said...

To 1:49,

It appears that it was in a family trust for Sidney B. Solomon, who founded Pageant Book Shop in 1946. The building had been in his family for 70 years.

Anonymous said...

Sidney B. Solomon did not own the building. He held a net lease from 1979-1993, which included managing the SRO above the shop. Where are those people now? Thanks for the shout-out. Pageant still exists in the East Village, come by and visit.

Spencer said...

This building has been an SRO (single room occupancy) for decades. A lot of low income people live here. The new owner is an issue. Apparently, he runs a consulting business helping landlords to avoid (lower...) property taxes. So, why would someone spend over 3 million dollars on an SRO? Be ready.