Asbestos abatement for the vacant storefronts along Stuyvesant Street

Earlier this month, workers erected a sidewalk bridge along 29 Third Ave. (home of the Bean) and the empty storefronts at 8-14 Stuyvesant St.

Work permits at the DOB show a pending permit for "retail store white box interior renovation." (We have also yet to see any for-lease signs here.)

We're waiting to see what might be happening with these high-profile spaces.

In the interim, Asbestos Abatement Notices have arrived on the plywood... noting the removal of asbestos... with a projected completion date of Feb. 23, 2024.

This is the first activity we've seen here since the previous tenants moved out last spring.

As previously noted, it was nearly a year ago that news first surfaced — via a tweet by Alex Vadukul, a correspondent for The New York Times — that Tony Yoshida's four businesses along Stuyvesant Street between Ninth Street and Third Avenue were expected to close. Village Yokocho, Angel's Share, Panya and Sunrise Mart were all gone by the end of April. 

Cooper Union, which leased the buildings from their owners and had subleased them to the Yoshida Restaurant Group for more than 25 years, said it was the tenants' decision to move on. (This post has more background. Yoshida had not paid rent since 2020.)

There haven't been any public statements on what the landlord, believed to be 29 Third Ave Corporation c/o Casabella Holdings, LLC, has in store for the spaces. A Cooper Union rep told us previously that no new building is planned on this site. 

A sidewalk bridge for the vacant storefronts along Stuyvesant Street

On Tuesday, the EVG inbox lit up as workers erected a sidewalk bridge along 29 Third Ave. (home of the Bean) and the empty storefronts at 8-14 Stuyvesant St. (H/T Steven for the first photos)...

Work permits at the DOB show a pending permit for "retail store white box interior renovation." (We have also not seen any for-lease signs here. Those may arrive after the renovations.) 

This is the first activity we've seen here since the previous tenants moved out last spring.

As previously noted, it was nearly a year ago that news first surfaced — via a tweet by Alex Vadukul, a correspondent for The New York Times — that Tony Yoshida's four businesses along Stuyvesant Street between Ninth Street and Third Avenue were expected to close. Village Yokocho, Angel's Share, Panya and Sunrise Mart were all gone by the end of April. 

Cooper Union, which leased the buildings from their owners and had subleased them to the Yoshida Restaurant Group for more than 25 years, said it was the tenants' decision to move on. (This post has more background. Yoshida had not paid rent since 2020.)

There haven't been any public statements on what the landlord, believed to be 29 Third Ave Corporation c/o Casabella Holdings, LLC, has in store for the spaces. A Cooper Union rep told us previously that no new building is planned on this site. 

[Updated] Want to buy a dorm?

Was talking with an EVG friend the other day. The conversation turned to St. Mark's Bookshop and its likely move.

And my friend casually mentioned the building owned by Cooper Union that houses the Bookshop as well as other businesses, not to mention a dorm, is for sale.

Oh really?

Turns out that there is a listing (PDF) for the building…



The listing is active on Property Shark… with a listing age of 36 days…



Anyway, it's not a secret that Cooper Union is facing financial problems due to increasing operation costs and declining investment income, among other things.

The Student Residence here opened in September 1992 at Stuyvesant Street and Third Avenue. Here are details about the dorm via the Cooper Union website:

The Student Residence offers apartment-style housing for 178 students. Units range in size to accommodate from three to five people, with the majority of the apartments being two bedroom units shared by four people. Each unit contains a bathroom, common living area, and kitchenette. The building amenities include a study room, laundry room, the Residence Hall Office, and the Menschel Room.

As the flyer indicates, "the seller will enter into short term leaseback." Meanwhile, Cooper Union is one of the schools reportedly leasing space in developer Gregg Singer's dream dorm project at the former P.S. 64 and CHARAS/El Bohio community center on East Ninth Street.

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Updated 6:02 pm
Robert Frischman, executive vice president, retail brokerage, at the EVO Real Estate Group, said that the building is not for sale. No word on how or why the listing appeared on Property Shark in the first place.