Showing posts with label Icon Realty. Show all posts
Showing posts with label Icon Realty. Show all posts

Monday, November 13, 2017

A look at Icon Realty's 9th Street building where the rentals are $30k a month



The two residential units at Icon Realty's 327 E. Ninth St. have been on the market (per Streeteasy) for the past month.

So far, no takers for the rentals here between First Avenue and Second Avenue at this site of a former parking lot.

The listing notes that this building — nearly five years in the making, somehow — is "Redefining the Townhouse Experience."

Here's part of the pitch:

Designed by Isaac & Stern Architects with interiors by Paris Forino, this brand-new building was designed with a traditional limestone facade that stands as a new classic, elegantly utilizing modern finishes that establish a new contemporary elegance, raising the benchmark for luxury living in the East Village.

Both beautifully appointed residences offer open layouts and a transitional aesthetic featuring a light color palette which has been highlighted by radiant heated White Appalachian Oak Floors and Christopher Peacock Kitchens with luxurious Italian Arabescato Marble countertops and backsplashes.

Bathrooms feature Dornbracht fixtures adorned with Zebrino Marble.

Both residences feature outstanding private outdoor experiences with private balconies on each floor, a private expansive roof deck and multiple landscaped private patio spaces with copper trimmed LED perimeter lighting and full outdoor kitchens.

And photos...





The quadruplex and the triplex are asking $30,000 per month (with one month free on a year-long lease). Also, there is no fee.

H/T Steven

Previously on EV Grieve:
The big dig begins for 6-story, 2-unit condo on East 9th Street

East Ninth Street parking lot will yield to 6-floor residential building

Monday, October 23, 2017

Le Sia signage arrives on 7th Street



Signage is up for Le Sia, the new restaurant opening at 11 E. Seventh St. near Cooper Square.

The restaurant will serve Chinese barbecue and various seafood, per the signage.

They were OK'd for a beer-wine license this past summer. (Their CB3 application is here.)

The store was home to Surma Books & Music for 98 years until June 2016. Third-generation owner Markian Surmach cited a decline in business and the expense of property tax and other charges related to owning the building. Public records show that the Surmach family sold the property to Icon Realty for $5.75 million.

Thursday, October 5, 2017

Poke N' Roll for 9th Street



Apparently the Great Poke Trend of 2015-2016 continues deeper into 2017.

As this photo via EVG contributor Steven shows, a sign arrived on the front door at the previously vacant 441 E. Ninth St. for Poke N' Roll...



As Eater has noted, restaurants serving the Hawaiian fish dish are a dime a dozen now, though with several standouts. So we'll see where Poke N' Roll will fall on the Poke Meter. Don't know anything else about this operation at the moment, such as if it's related to the Poke N Roll in Glendale, Calif. (Probably not.)

And this is one of the long-empty storefronts along East Ninth Street in the Icon Realty-owned building at Avenue A.

The women's boutique Cloak and Dagger was in this small storefront, before relocating to the next block of Ninth Street several years back.

The building on the northwest corner was eventually free of retail tenants after Icon's takeover. (Icon Realty bought the building at 145 Avenue A for $10.1 million in April 2014, according to public records.)

After sitting empty for 18 months, the spaces got its first new tenant with the flower shop Beetlebug back in February, then GelARTo in July.

Previously on EV Grieve:
On East 9th Street Dusty Buttons is closing after 125% rent hike: 'Saying goodbye will hurt like hell'

Tenants and local elected officials speak out against Icon Realty

Thursday, September 28, 2017

Icon Realty fined $500,000 in tenant harassment probe

Well-known East Village property owners Icon Realty, led by Todd Cohen and Terrence Lowenberg, will have to pay $500,000 and address several building violations as part of a settlement over alleged harassment of tenants, it was announced yesterday.

Here's the official statement about the tenant harassment probe:

Attorney General Eric T. Schneiderman, Governor Andrew M. Cuomo and Mayor Bill de Blasio today announced a first of its kind settlement between the Tenant Harassment Prevention Task Force (Task Force) and ICON Realty Management (ICON). This settlement provides tenants broad relief, requiring the landlord to end harassment and hazardous living conditions for the hundreds of tenants in buildings owned and managed by ICON.

Tenants in several ICON-owned rent-regulated buildings in the East Village, the Lower East Side and Brooklyn were forced to live in adverse conditions, enduring excessive dust and debris from construction in the building common areas and apartments, inconsistent and irregular heat and hot water, and lack of cooking gas and elevator service for extended periods.

The Task Force investigation found that, on multiple occasions, ICON failed to obtain Department of Buildings work permits, performed construction outside the scope of permits issued, and failed to appropriately clean or maintain the construction work areas.

The Task Force investigation also found that ICON ignored tenants’ requests for repairs, failed to timely correct housing and building code violations, and subjected tenants to long-lasting interruptions of heat, hot water, and cooking gas services.

The Assurance of Discontinuance executed today by the Attorney General’s office requires ICON to adopt policies and procedures to prevent future violations and safety risks; corrects all outstanding housing, maintenance, and building code violations; establishes safe construction practices; provides rent abatements to tenants during disruptions of essential services; appoints a tenant liaison to immediately address tenant concerns; and establishes an independent monitor to ensure ICON’s compliance with the agreement.

The settlement also requires ICON to pay $300,000 to the State of New York (on behalf of the Task Force) and over $200,000 in penalties, fees, and costs to New York City’s Housing Preservation & Development and Department of Buildings.

In a statement to The Wall Street Journal, Icon attorney Ken Fisher said:

"Icon never, ever intended to harass tenants and the task force made no finding of harassment because none occurred. There were some construction issues in a handful of buildings which Icon addressed over a year ago, giving affected tenants rent abatements, and changing their procedures to prevent reoccurrence."

As The Real Deal reported, Fisher described the task force's press release as "completely overblown and misleading," and said the "company is reviewing its legal actions."

This past summer, Icon made the list of Stabilizing NYC's "10 worst predatory equity landlords" in NYC.

Thursday, August 17, 2017

Report: Icon Realty investigated in tenant harassment probe

A joint state-city task force is investigating Icon Realty over tenant harassment, The Real Deal reports.

The task force has been looking into several complaints of tenant harassment while holding talks with the Noho-based real estate investment firm, according to sources familiar with the negotiations.

The task force consists of the New York Attorney General’s office, the New York City Department of Housing Preservation and Development, the city Department of Buildings and the state Division of Housing and Community Renewal.

To date, Icon has not been charged nor subpoenaed, sources told The Real Deal, adding "that the parties are in advanced talks regarding a potential settlement."

After learning that they were on the task force's radar, Icon reportedly "has changed its approach." (Still, Icon recently made the list of Stabilizing NYC's "10 worst predatory equity landlords" in NYC.)

In May 2016, the realtors announced that they had hired a chief safety officer to oversee the construction and renovation work in Icon buildings. Earlier that month, during a rally outside two Icon properties on May 9, Cooper Square Committee and several elected officials accused Icon of employing "construction-as-harassment" tactics to displace rent-stabilized tenants.

At the Icon-owned 128 Second Ave., tenants in March 2015 filed a HP Action for Repairs and Services, citing inconsistent heat, lack of fire alarms, a broken fire escape, front door, and stairs, and other dangerous living conditions. Residents have also alleged "harassment from the landlord in order to push out rent-regulated tenants." The next month, the tenants filed a contempt of court motion against Icon for the ongoing building issues.

Icon first made headlines here in 2008 ... when a contentious battle broke out between longtime tenants at 176 E. Third St and Icon, the building's new owner. In September 2008, the Post reported that several rent-stabilized tenants were fighting to keep "their East Village neighborhood affordable by turning down buyout offers of up to $125,000." Those residents also accused Icon of harassment.

In 2011, Icon sold No. 176 as part of a portfolio to Stone Street Properties for $90 million.

Friday, June 16, 2017

Gastropub — 'Your new playground' — slated for former Guayoyo space on 1st Avenue



An EVG tipster let us know that renovations are underway at 67 First Ave., the former Guayoyo space on the northwest corner of Fourth Street ...



Signs on the door point to a venture called Mabi (or Space Mabi?), a gastropub...



Their motto is "Your new playground" ...



Guayoyo, the low-key, family-owned Venezuelan restaurant, never reopened after an early-morning basement fire on Jan. 13, 2015. In a follow-up inspection, Con Ed discovered a gas leak at the address.

In April 2015, an employee said they hoped to have the restaurant reopened soon. That never happened as repairs and red tape ensued with the landlord, Icon Realty, and Con Ed. (Read more about the situation here.) Guayoyo vacated the lease in August 2016, 20 months after the fire. A message posted on Guayoyo's Facebook page read in part: "Unfortunately we are forced to close the doors despite the efforts made to ensure its reopening during this year and a half of forced closure due to circumstances beyond our control."

The husband-wife team who owned Guayoyo previously ran Kura Sushi at the address, which dates to 1988.

Previously on EV Grieve:
Guayoyo has been closed now for 1 year

Monday, June 12, 2017

Tenant advocacy group names the city's worst landlords; Icon and Steve Croman in top 10


[Image from Thursday via @ANHDNYC]

Some familiar names to East Village residents made the list of Stabilizing NYC's "10 worst predatory equity landlords" in NYC, which the housing group announced Thursday on the steps of City Hall:

1) All Year Management
2) Coney Realty Group
3) David David
4) Icon Realty Management
5) INK Property Group
6) Madison Realty Capital/Silverstone Property Group
7) Steven Croman
8) R.A. Cohen & Associates
9) Ved Parkash
10) ZARA Realty Holding Corp

Per a news release:
"All the landlords on the list reportedly force tenants to live in horrendous and, often, dangerous conditions. Their unscrupulous and often illegal practices impact the entire city.

“We will be targeting these landlords to help tenants fight back against the predatory practices that put their homes at risk,” said Keriann Pauls, a staff attorney with the Community Development Project at the Urban Justice Center. “Predatory equity landlords are jeopardizing tenant safety and housing stability throughout the city.”

And...

Recently, the New York City Council has introduced legislation useful to lawyers and organizers in this struggle against predatory equity, including the Predatory Equity Watch List. With additional resources, Stabilizing NYC is working with the city council to enforce these new laws against predatory equity landlords.

"Landlords who act in bad faith in order to kick out tenants to make a profit and flip buildings should pay attention: we’re developing tools that will protect tenants and their homes, and disallow landlords from beefing up their pockets through illegal actions,” said Councilmember Ritchie Torres. “I’m proud to be working with CAPE and Stabilizing NYC on legislation to confront the problem of predatory equity that seeks to destroy affordable housing and communities."

Residents, tenant-rights organizations and local elected officials have accused Icon Realty, who owns multiple East Village buildings, of displacing rent-regulated tenants with frivolous lawsuits and exposing them to hazardous health and safety threats.

Madison Realty Capital/Silverstone Property Group is now managing Raphael Toledano's East Village portfolio.

Last Tuesday, Attorney General Eric T. Schneiderman announced the guilty plea of Croman. Under the terms of his plea, Croman would serve one year of jail time on Rikers and pay a $5 million tax settlement. Croman's real-estate empire includes 47 buildings with 617 units in the East Village — more than any other than any other landlord in this neighborhood.

Stabilizing NYC — a coalition of 15 grassroots, neighborhood-based organizations, a citywide legal service provider and a citywide housing advocacy organization — formed in 2014. According to their website, the collation "works to combat tenant harassment and preserve affordable housing for the New Yorkers who need it most."

Previously on EV Grieve:
Tenants and local elected officials speak out against Icon Realty

Wednesday, June 7, 2017

Chinese restaurant in the works for former Surma Books & Music space on 7th Street



Surma Books & Music closed last summer at 11 E. Seventh St. near Cooper Square after 98 years in business.

Third-generation owner Markian Surmach cited a decline in business and the expense of property tax and other charges related to owning the building. Public records show that the Surmach family sold the property to Icon Realty for $5.75 million.

Since last September, Icon had been listing the space — "perfect for restaurant, bar, clothing store ..." — at $17,000 per month.

According to a liquor license application (beer-wine) posted on the CB3 website, a Chinese restaurant going by Le Xia will be opening in the space.

The paperwork shows proposed daily hours of 11:30 a.m. to 11 p.m. with seating for 48 people (via 21 tables). There isn't much more information on the application (PDF here), such as the previous experience of the principal (listed as Tianye Chen).

Given the method of operation and the owner's agreement to CB3 stipulations, this applicant will not be appearing before the CB3-SLA committee meeting on Monday night.

Wednesday, March 29, 2017

Greecologies-Pure Green combo opens on 2nd Avenue

The Greecologies-Pure Green combo is now open at 152 Second Ave. between Ninth Street and 10th Street.

This is the second NYC location for Greecologies, whose menu includes a variety of grass-fed yogurts as well as desserts, coffees and teas.

Pure Green, which has multiple NYC locations, sells cold-pressed juices, smoothies and various bowls of açaí.

The building at 152-154 Second Ave. is the former Sigmund Schwartz Gramercy Park Chapel, which Icon Realty bought, gutted, added three extra floors and opened as luxury rentals.

H/T Steven!

Previously on EV Grieve:
152 2nd Ave. storefront to yield a combo Greek yogurt and smoothie shop

Tuesday, February 14, 2017

BeetleBug arrives with flowers on 9th Street



BeetleBug, a flower shop, recently opened at 441 E. Ninth St. at Avenue A (their placeholder website is here).

They are the first retail tenant in the recently renovated spaces along here... which have been vacant for nearly a year...



According to one previous tenant here, landlord Icon Realty either wasn't renewing leases or offering new terms with unmanageable rent increases. The last tenant to leave was the Upper Rust, who found a new space in Chelsea for their antiques.

The former tenant at No. 441, the vintage boutique Dusty Buttons, moved one block to the west on Ninth Street in 2015. Unfortunately, owner Amanda Loureiro recently announced that Dusty Buttons was closing at the end of this month at 324 E. Ninth St.

Back on Ninth and A, four other retail spaces remain for rent... and the corner spot, home for 20 years to Café Pick Me Up until May 2015, still sits empty.

Updated: DNAInfo followed up with a post on BeetleBug here.

Previously on EV Grieve:
On East 9th Street Dusty Buttons is closing after 125% rent hike: 'Saying goodbye will hurt like hell'

Thursday, December 29, 2016

152 2nd Ave. storefront to yield a combo Greek yogurt and smoothie shop


[Photo by Steven]

Signage went up yesterday for the combo business coming to 152 Second Ave. between Ninth Street and 10th Street — a Greecologies and Pure Green.

Here's more about Greecologies from a June 2015 New York Times feature:

Yogurt is made on the premises at Greecologies, an airy emporium in Little Italy that offers the thick and tangy strained style of Greek yogurt as well as a sweeter, unstrained variety that comes with a layer of cream on top and whey on the bottom. Both use Hudson Valley milk, as does a lovely cultured butter spread that can also be stirred into strong coffee.

The menu includes a variety of Greek yogurts as well as desserts, coffees and teas. This will be the second NYC location for Greecologies.

Here's more about Pure Green, which has multiple NYC locations, from the company website:

Pure Green's focus is to make it easy to live a healthy lifestyle. Our philosophy is everyone should experience sustained energy throughout the day. Starting your day with our cold-pressed juice, drinking our handcrafted smoothies and nutrient-rich snacks will restore your energy and RECHARGE YOUR LIFE.

This is an ultra-competitive market for juices and smoothies. For starters, one block to the north, there's the well-entrenched Juice Press on 10th Street just east of Second Avenue … and Liquiteria on Second Avenue and 11th Street ... and there's beQu Juice on Ninth Street between First Avenue and Second Avenue... with a a shop called JuiceGo opening soon directly across Ninth Street. Plus, there's Juice Vitality at 192 First Ave. between 11th Street and 12th Street ... and East Village Organic on First Avenue between Seventh Street and St. Mark's Place sells fresh juice ... as does Commodities on First Avenue between 10th Street and 11th Street. (Added: The Be Juice shop next to Basics Plus on Third Avenue between 12th Street and 13th Street.)

152-154 Second Ave. is the former Sigmund Schwartz Gramercy Park Chapel that Icon Realty bought, gutted, added three extra floors and opened as luxury rentals.

Tuesday, December 27, 2016

9th Street residential garage reveal



The plywood and sidewalk bridge have finally been cleared at 327 E. Ninth St., providing a full reveal of Icon Realty’s six-story, two-unit residential building nearly four years now in the making....



We haven't seen any listings yet for the two units at this site of a former parking lot here between First Avenue and Second Avenue.

Thanks to EVG contributor Steven for the photos!

Previously on EV Grieve:
The big dig begins for 6-story, 2-unit condo on East 9th Street

East Ninth Street parking lot will yield to 6-floor residential building

Monday, November 14, 2016

Future Swiss Institute gets the plywood treatment on 2nd Avenue and St. Mark's Place



On Friday, workers started putting up the plywood around the former Chase branch on Second Avenue and St. Mark's Place...



As previously reported, the Swiss Institute, a non-profit cultural center currently located on Wooster Street, has signed a lease for the whole building...



There aren't any permits on file with the DOB as of this morning about the renovation of this space. According to the previously distributed news advisory on the relocation:

Swiss Institute has hired Selldorf Architects to oversee the transformation of its new building. The 7,500 square foot space features four levels – basement, ground, second floor, and roof. The design for the building will create spaces for exhibitions, projects and public programs, a library, a bookstore, and a usable rooftop.

ARTnews floated a rumor that there will be a biergarten on the building's roof. A little early for more confirmation on that.

The Chase merged with the location two blocks to the north last November.

Steven took the above photos on Saturday... by yesterday, the ads had arrived...



Previously on EV Grieve:
Swiss Institute moving into the former Chase branch on 2nd Avenue and St. Mark's Place

Tuesday, November 8, 2016

A look inside the Kati Roll Company on 2nd Avenue



The plywood came down yesterday at 128 Second Ave. between St. Mark's Place and Seventh Street... providing a look at the new Kati Roll Company... EVG correspondent Derek Berg looked inside, where some workers were celebrating the near-completion of the space...









Kati Roll Company is expected to be open next week. This will be the fourth location in the city.


[EVG photo]

The Stage, the 35-year-old lunch counter, closed here on March 30, 2015. Stage owner Roman Diakun had been involved in an ongoing legal/eviction battle with landlord Icon Realty. (You can read that background here.)

Previously on EV Grieve:
A few more details about the Kati Roll Company coming to 2nd Avenue

Monday, October 31, 2016

402 E. 12th St. is for sale



The 6-story walkup between First Avenue and Avenue A is now on the market.

Here's the description via Cushman & Wakefield:

The 7,740 square foot building benefits from 30’ of frontage and recently received a full gut renovation of all but one apartment. Of the 16 residential units, there is a mix of one-bedroom and two-bedroom units which consist of 15 Free Market and 1 is Rent Stabilized unit. In addition to the common areas being fully gut renovated, the Free Market apartments have experienced substantial renovations which include Carrara marble countertops, brand new stainless steel appliances including a dishwasher and microwave, luxury bathrooms with carefully curated mosaic tile work, Bosch washer & dryer units, recessed lighting, exposed brick, espresso cabinets, ebony hardwood floors, and crown/baseboard moldings. The building is currently generating an annual gross income of $690,000 with a net operating income of $477,000.

And the neighborhood?

Located in the heart of the East Village, 402 East 12th Street benefits from a wide array of the city’s best shopping, dining and nightlife options. The area continues to attract local and global visitors on a daily basis due to its dynamic culture and convenient access throughout Manhattan and Brooklyn via countless subway lines and buses.

Public records show that Icon Realty bought the building in 2013 for $4.65 million. The current asking price is $11.3 million. (Perhaps that Jerkface mural on the east-facing wall helped up the property value.)

Wednesday, October 19, 2016

Friday, September 23, 2016

A few more details on the Swiss Institute's move to the East Village



As reported last Friday, the Swiss Institute, a non-profit cultural center currently located on Wooster Street, has signed a lease for 130 Second Ave. — the former Chase branch.

Landlord Icon Realty issued a news release about their new tenant. Here's part of it:

Icon Realty Management LLC has leased space to Swiss Institute, a non-profit contemporary arts center that promotes artistic dialogue between Switzerland and the United States. Swiss Institute seeks to explore how a national perspective can foster international conversations in the fields of visual and performing arts, design and architecture.

The new location will open in the Spring of 2017. The 7,500 square foot space will feature exhibitions, projects and public programs, a library, bookstore and rooftop. Additionally, Icon will be collaborating with Swiss Institute artists on public art murals at 128 Second Ave, the building next door to the Institute.

“Considering the vibrancy, diversity and ample foot traffic in the neighborhood, our move to the East Village will offer a vast array of opportunities to engage with our audience in new, stimulating ways,” says Swiss Institute Director Simon Castets. “We’re incredibly lucky to be on a street with such a deep artistic history as St Marks Place, and it’s exciting to imagine how this new location can help us in expanding our mission.”

Back in June, Icon announced a project in which artists would be creating murals on Icon properties in the city. Jerkface started work at 128 Second Ave., but the mural has remained incomplete since June...



We asked Icon spokesperson Chris Coffey what the status was on this project.

"We needed a lift to complete the mural, and applied for a permit. We are just waiting for DOT to issue," he said via email. "We are excited about it. One of the great things about Swiss Institute is that we will be collaborating on future murals."

Previously on EV Grieve:
Swiss Institute moving into the former Chase branch on 2nd Avenue and St. Mark's Place

Tuesday, September 20, 2016

Former Guayoyo space for rent on 1st Avenue



The for rent sign via landlord Icon Realty is up now at 67 First Ave.

Per the listing, the location at Fourth Street is "Perfect For: Restaurant, bar, clothing store, salon, and all general retail uses."

It was a perfect location for Guayoyo, the family-owned Venezuelan restaurant. On the morning of Jan. 13, 2015, a fire broke out in the basement of the building. In a follow-up inspection, Con Ed discovered a gas leak at the address.

In April 2015, an employee said they hoped to have the restaurant reopened soon. That never happened as repairs and red tape ensued with the landlord and Con Ed. (Read more about the situation here.) As we understand it, Guayoyo vacated the lease in August ... 20 months after the fire.

The husband-wife team who owned Guayoyo previously ran Kura Sushi at the address, which dates to 1988.

A message posted on Guayoyo's Facebook page on Aug. 30 reads in part: "Unfortunately we are forced to close the doors despite the efforts made to ensure its reopening during this year and a half of forced closure due to circumstances beyond our control."

The asking rent for the storefront is $20,000 per month.

Previously on EV Grieve:
Guayoyo has been closed now for 1 year

Friday, September 16, 2016

Swiss Institute moving into the former Chase branch on 2nd Avenue and St. Mark's Place


[Photo from December by Steven]

Looks as if the former Chase branch on Second Avenue at St. Mark's Place won't be torn down after all.

Back in February, landlord Icon Realty filed demolition permits for the address, 130 Second Ave.

At the time, there apparently weren't any takers for the space, which had been on the market since last summer with an asking price of $72,000 a month, per the listing. The address was being marketed for use as retail, a restaurants/bar, office space or a gym.

Now comes word that the Swiss Institute, a non-profit cultural center currently located on Wooster Street, has signed a lease for the space. Here is part of the news release:

Swiss Institute (SI) announced that it will be relocating to a new long-term home in New York City’s East Village, moving into a building at the corner of St. Marks Place and Second Avenue. The organization has selected Selldorf Architects to design the renovation of the 7,500 square foot building, due to open in the Spring of 2017.

Swiss Institute has hired Selldorf Architects to oversee the transformation of its new building. The 7,500 square foot space features four levels – basement, ground, second floor, and roof. The design for the building will create spaces for exhibitions, projects and public programs, a library, a bookstore, and a usable rooftop.



SI’s new home is located within half a mile of several prominent cultural and educational institutions including Anthology Film Archives, Cooper Union, Danspace Project, ICP, La MaMa Experimental Theatre Club, New Museum, New York University, The Poetry Project, and The Public Theater.

“This new building offers tremendous opportunities to expand upon our mission and serve a growing audience, to whom we will continue to offer forward-looking exhibitions and public programs, always free of charge”, said Swiss Institute Director Simon Castets. “We look forward to joining and contributing to the diverse community of cultural organizations and artists that have called the East Village home for many years.”

SI had lost their home in Soho to Jeffrey Deitch, per ARTnews.

As for the Chase branch, which merged with the one two blocks to the north, there were rumors galore about what Icon Realty was going to do to the space. Leasing to an arts organization was not among the predictions. In reporting on this move, ARTnews floated the following:

A rumor going around was that there would be a biergarten up top, which would befit a Swiss art concern, but at this time that tidbit is unconfirmed...

Previously on EV Grieve:
Chase space on 2nd Avenue and St. Mark's Place is for rent

2 East Village Chase Bank branches are closing for good on Nov. 12

Chase branch on 2nd Avenue at St. Mark's Place has the potential to get 4x larger with new owner

The East Village is down 2 Chase branches

Icon wraps former Chase branch at St. Mark's Place with retail ribbon

'Good riddance' Chase, and — a development to watch in 2016

Monday, September 12, 2016

A few more details about the Kati Roll Company coming to 2nd Avenue


[Photo from Saturday]

As you may recall, the owners of the Kati Roll Company are opening their fourth Manhattan location at 128 Second Ave., former home of the Stage.

The Kati crew is on the CB3 SLA committee docket this month for a beer-wine license at the space between Seventh Street and St. Mark's Place. (Kati withdrew from the July meeting.)

According to the questionnaire (PDF!) on file at the CB3 website ahead of tonight's meeting, Kati plans to be open from 11 a.m. to 2 a.m. Sunday-Thursday, until 5 a.m. on Friday and Saturday. (The questionnaire states that they will stop serving beer-wine at 4 a.m.)

In addition, the small space will have six tables seating 14 people.

And here's more about the restaurant via their website:

The signature dish of The Kati Roll Company, Kati Rolls, are made by wrapping warm paratha, a type of Indian flat bread, around a variety of meats, vegetables and cheese. Each ingredient is marinated in a proprietary blend of Indian spices, creating a distinctive taste available nowhere else. Rolls can also be wrapped with a whole wheat roti for a healthier option.

Diners may choose from a select few fillings like beef, chicken, lamb, egg, shrimp, mixed veggie patty, chana masala, paneer cheese or potatoes. The finished Kati Roll is wrapped in either a paratha or a whole wheat roti and served hot, making it a satisfying meal that can be enjoyed virtually anywhere.

Tonight's CB3-SLA meeting is at 6:30 in the Thelma Burdick Community Room, 10 Stanton St. at the Bowery.

The Stage, the 35-year-old lunch counter, closed on March 30, 2015. Stage owner Roman Diakun had been involved in an ongoing legal/eviction battle with landlord Icon Realty. (You can read that background here.)