This is your chance to be the 7-Eleven's landlord on the Bowery!

Here's an investment opportunity for you involving the retail condo at 351 and 353 Bowery between Third Street and Fourth Street... home of a 7-Eleven for maybe the next 15 years.

Details via the listing!

The Boulder Group is pleased to exclusively market for sale a single-tenant 7-Eleven retail condominium located in Manhattan within the Bowery neighborhood. 7-Eleven is committed to this location as evidenced by their recent lease extension which now expires in December 2034.

The lease features 10-percent rental escalations every five years in the primary term and a 15-percent rental escalation in the renewal option. 7-Eleven is an investment grade tenant with a Standard & Poor’s rating of AA-. This location is open 24 hours and a top performing location for 7-Eleven.

And the price for this 2,162 square feet of retail (to the exact dollar): $6,915,032.

This 7-Eleven opened in December 2011.

Another look at the corner of 4th Street and the Bowery

A follow up to our post last week that CB Developers plunked down $59.5 million for a piece of the action at 358 Bowery — the current home of the B Bar & Grill.

There was some reader speculation about the surrounding buildings on the Bowery, and if those might be snapped up to become some part of an even larger development.

This doesn't appear likely. For starters, 356 Bowery to the south of B Bar & Grill already changed hands earlier this year.

According to Real Estate Weekly, the property sold for $8.9 million to an LLC that shares an address with Realex Capital, a "real estate acquisition and development owner-operator."

And per REW, the building was to be delivered vacant. There are currently plans on file with the DOB for "repair of an existing 5-story brick building including replacement of deteriorated wood joists and repair/replacement of damaged masonry."



Meantime, 354 Bowery remains on the sales market with an ask of $5.65 million...



The listing notes, with a straight face: "Built by the Astors, squatted by the Ramones and Andy Warhol, then rediscovered in the 2000’s by Manhattan’s financial elite, NoHo has become the downtown residential neighborhood for those craving luxury lofts with a bohemian, eclectic vibe."

The retail tenant here, Hecho en Dumbo, closed in June 2018.

As for 358 Bowery, Eric Goode, whose multiple interests include the Jane Hotel, the Bowery Hotel and the Waverly Inn, has been assembling air rights to build a larger project on this corner space that houses his single-level B Bar & Grill.

According to PincusCo:

In January and February 2017, Goode filed records with four additional parcels into a single zoning lot which would allow for a larger building on the site. In addition, Goode paid Granite Management, which owns two of those buildings, $1.6 million for 4,670 square feet of development rights and Goode paid $1.8 million to a small cooperative building at 32 East 4th Street for 4,012 square feet of development rights.

This warehousing parcels will likely also mean the end of B Bar & Grill, which opened in 1994.

Previously on EV Grieve:
CB Developers pay $59.5 million for an interest in 358 Bowery — current home of the B Bar & Grill and likely a new development

Reports: Chinatown murders bring renewed attention to the city’s street homeless

[Comptroller Scott M. Stringer at a vigil for the victims this morning]

The shocking murders of four homeless men early Saturday morning in Chinatown have brought more media attention to the dangers of living on the street.

In a story published in today's paper, the Times provides historical context for the area around the Bowery in which the men were killed.

[T]he Bowery, an area of Lower Manhattan known in the 1930s as New York’s skid row, has long served as a daunting example of the city’s difficulties in addressing street homelessness. If anything, the problem is getting worse: The area is now drawing younger homeless people, many with drug and mental health problems, a population that the city’s traditional outreach methods have struggled to confront.

Despite the luxurification of the Bowery and surrounding area in recent years, the area — specifically Community District 3 — still has one of the highest concentrations of homeless shelters (some two dozen) in Manhattan.

The article discusses the ongoing concerns "about a new subpopulation within the homeless community."

A recent report described them as “travelers” or “young homeless people who travel to destinations depending on the weather, and often include instances of drug use and aggression.”

Over the past three years, complaints have increased about these younger arrivals, and the police and homeless outreach workers have said that “traditional outreach is not successful with this population,” according to the report.

The article includes comments from local community leaders on the need for better mental health services and additional supportive housing and safe-haven beds. Find the article at this link.

In court yesterday, the suspect, 24-year-old Rodriguez “Randy” Santos, was charged with four counts of murder and one count of attempted murder.

Meanwhile, city officials say they will dispatch mental health outreach teams and increase the number of homeless outreach teams who have access to psychiatrists and substance abuse resources, per ABC 7.

The Times says that the homelessness crisis "has been the most intractable problem of Mayor Bill de Blasio’s tenure."

Trek Bicycle opens on the Bowery

A quick note that the Trek Bicycle shop is now open on the Bowery.

As we first noted on Aug. 12, the American bikemaker with multiple retail shops in the city was opening an outpost on the Bowery in the retail base of Avalon Bowery Place between First Street and Houston.

This space has been vacant since Tatyana Boutique closed in January 2016.

The sunflowers on the Bowery

We've been watching these sunflower plants grow this summer on the Bowery between Bond and Great Jones... not sure who has been tending to them, but thank you...

299 Bowery arrives on the rental market 20 months after DBGB closed

A for-rent sign has finally arrived on the former DBGB space at 299 Bowery.

JLL (Jones Lang LaSalle Brokerage, Inc.) has the listing. There's not much info, such as the asking price, on the 6,600-square-feet of space. Per the listing: "Fully built restaurant space with infrastructure, kitchen and bar in place (no key money)."

DBGB shut down in August 2017 after eight years in the Avalon Bowery complex here between First Street and Houston Street.

The former Tatyana Boutique next door is also still for rent. That storefront has been vacant for three-plus years.

Previously on EV Grieve:
DBGB has closed, and erased from the Bowery

Sunday's parting shot

Photo on the Bowery by Lola Sáenz...

The Bowery Bond closes on the Bowery

The Bowery Bond, a self-described artist collective selling woman's and men's clothing as well as a variety of accessories, jewelry and home decor, closed after the business day on Sunday at 352 Bowery between Fourth Street and Great Jones.


[Photo Sunday by Lola Sáenz]

The operators told patrons that they are looking for a new (and smaller) space in the area. The Bowery Bond arrived in May 2017.

According to the retail listing at Meridian, the asking rent is $27,000 for 2,250 square feet.

Christmas miracle on the Bowery

On Wednesday morning, an EVG reader shared these two photos... showing workers outlining lane lines, crosswalks and other traffic markings on the Bowery at Houston...



The reader [sarcastically] thought that the contractors were marking the location for more roadwork.

Checking back in on the intersection... can it be that the never-ending East Houston Reconstruction Project has maybe actually ended???





As noted off and on through the years (starting with Mayor LaGuardia), completion of the $52.5 million East Houston Reconstruction project was overdue by five years. The Department of Design and Construction (DDC) started this project in June 2010, reconstructing/replacing combined sewers, trunk main, water mains, catch basins, fire hydrants, sidewalks, etc., etc., along East Houston Street, from the Bowery to the FDR Drive.

The work was initially scheduled to wrap up in 2013 (!!!), but was delayed again and again as the city reportedly ran into problems with existing underground wiring and pipes and unhinged bureaucracy.

The interactive map accessible via the DDC's website now shows a completion date of 12-25-2018!

Holiday music from Howl! Happening

Over in Extra Place off First Street between Second Avenue and the Bowery ...Howl! Happening is presenting some "Cool Bowery 'Sounds" for the holidays.

Press play to hear Christmas songs by the Fleshtones, Stiv Bators, the Ramones and the Dickies, among others...

Homeware brand Burkelman opening flagship store on the Bowery

Burkleman, a home and lifestyle brand currently based up in Cold Spring, is opening its flagship store at 332 Bowery between Bond and Great Jones later this fall.

The coming-soon signage arrived last Thursday.

Kevin Burke and David Kimelman started the high-end home-design shop in 2014 as an online-only business, before opening an outpost in a Cold Spring storefront in 2015. You can read more about them here.

The retail space was previously Intermix, who left the Bowery last fall after four-plus years at No. 332.

The story behind JR's eye on the Bowery

By now you've likely seen the eye on the Bowery at Great Jones (first noted here on Aug. 1) ...



The work is by JR. This past week, the French artist-photographer explained the story behind this work via his Instagram account...

New piece up in NY! (Corner of great jones and Bowery), here is Maria story: “Growing up, I never told anyone I was undocumented. I lived in current fear of sharing my status with anyone - what would they think of me? Would law enforcement find me and then deport me? It wasn’t until l met other undocumented youth that empowered me to come out of the shadows and proudly state, “I am undocumented and unafraid”. Current political times have created a lot of uncertainty for the undocumented community, but I have committed myself to empower others to speak their truth, and to live their life to the fullest, regardless of their status.” Maria Praeli, de Peru, vivo en Washington, D.C. 25 años Si, @mariapraeli Thanks @luigerman @maybetakao @luanasaltiel @marc @jkscatena @joshuabgeyer @fergusonag

A post shared by JR (@jr) on Aug 19, 2018 at 10:27am PDT

JR's show at Galerie Perrotin on Orchard Street wrapped up on Aug. 17.

A new mural to keep an eye on at Great Jones and the Bowery

A very early WIP here on the southwest corner of the Bowery and Great Jones... not sure who the artist is just yet... JR is the artist (H/T xOMars!)



Thanks to Lola Sáenz for the photos...

Report: A Moxy Hotel planned for the Bowery

[Google Street View]

There's yet another new hotel coming to the Bowery.

As The Real Deal reported yesterday, the Lightstone Group is in contract to buy 151 Bowery ... and will use the space — currently a lighting store at the southeast corner of the Bowery at Broome — to building their fourth Moxy Hotel in NYC.

The seller, Emmut Properties, previously had designs on an 8-story condo-hotel combo for the buildings at 151-153 Bowery (aka 331-337 Broome). Presumably the Moxy, Marriott's so-called millennial-friendly brand, will rise on this full parcel.

The 13-story Moxy East Village recently topped out on 11th Street between Third Avenue and Fourth Avenue.

Other new Bowery hotels include the citizenM at 189 Bowery and Sister City at 225 Bowery.

The 7 restaurants that have closed on the Bowery in the past year

This past weekend, the owners of Hecho en Dumbo (b. 2010) and Cherche Midi (b. 2014) shut down their respective restaurants.

This makes, since last spring, seven restaurant closings on (or near!) the Bowery between Fourth Street and just south of Houston. Other recent casualties:

• L'Apico (b. 2012), 13 E. First St. in the Avalon Bowery complex.

• DBGB (b. 2010), 299 Bowery


[The former Wise Men]

• Wise Men (b. 2013), 355 Bowery

• Agozar! (b. 2002), 324 Bowery

• Paulaner Brauhaus (b. 2013), 265 Bowery



There was also Rebelle (b. 2015) at 218 Bowery just south of Prince Street.

In any event, there weren't any reasons provided for the closures. DBGB chef-owner Daniel Boulud told this to The New York Times: "In this location, it’s busy on weekends but erratic in the early part of the week."


[The memory of DBGB lives on in Extra Place]

There are, of course, plenty of other places to drink and dine along here, starting at Fourth Street and down to Houston — BBar and Grill, Phebe's, the Bowery Market, Great Jones Cafe (close enough), Gemma, the Wren, Sorbillo Pizzeria, Bar Primi, Think Coffee, Saxon & Parole, 310 Bowery Bar, Sláinte, Bowery Meat Company, Baar Baar and the food court at Whole Foods Market® Bowery. Perhaps there are just too many choices.

Cherche Midi space on the market for new retail development on the Bowery at East Houston

[Via Google Streetview]

There's a new retail listing for 280-282 Bowery at East Houston.

The corner space is currently home to Keith McNally's bistro Cherche Midi while No. 282 houses Yasakart Restaurant Supply.

Here are details via RKF:

• At the nexus of SoHo, NoLIta, NoHo, The East Village and Lower East Side
• Steps from four major hotels: Bowery Hotel, Public Hotel, The Ace Hotel and CitizenM
• Across from Whole Foods Market, The New Museum and the International Center for Photography
• Second Floor space can be made available
• Lower Level can be converted to selling
• An additional 1,500 SF of Lower Level space can be made available in Space B

The rent is available upon request.

And here's the rendering showing the possibilities on this southwest corner of the Bowery and Houston...


[Image via RKF]

Rumors surfaced last month that McNally would be closing his four-year-old bistro. (A rep for McNally, who also runs the Odeon, Balthazar, Minetta Tavern and Augustine in the Beekman Hotel, confirmed to Grub Street that Cherche Midi will close in early June.)

This marks the second high-profile restaurant to close on the Bowery and East Houston since last August. Daniel Boulud shut down DBGB Kitchen and Bar after eight years in the Avalon Bowery complex between First Street and Houston.

If success restaurateurs like McNally and Boulud can't make these corners work... then what? An EVG reader left this comment on the previous Cherche Midi post:

My prediction for the gentrified Bowery, chain restaurants (as in Chipotle and Shake Shack, some run of the mall shops which most New Yorkers have never heard of, and all this surrounded by high end luxury condos. This is what the lack of urban planning and unleashed developer money brings.

On the David Bowery

The David addition arrived at this Bowery street sign at Bleecker yesterday afternoon...



Not sure at this moment who's taking credit for this... There was a similar David Bowery tribute on the Bowery and East Houston in January 2016 after Bowie's death...

Report of a fire on the Bowery and 2nd Street

Several EVG readers reported a large NYPD presence on the Bowery and Second Street (aka Joey Ramone Place) just after 7 a.m. ...

FDNYalerts MAN ALL HANDS 2 E 2 ST, MIXED OCCUPANCY FIRE ON THE 3RD FLR,

— FDNYalerts (@FDNYAlerts) March 23, 2018

Witnesses on the street level said that it didn't appear to be too serious...



Will update later if there are any further fire developments here...

H/T Lola Sāenz

Taco Bell premiering its Nacho Fries on the Bowery; reservations available

Taco Bell recently announced that it was adding Nacho Fries to the $1 menu.

Today and tomorrow, you can head to 212 Bowery near Rivington for a sneak preview — or premiere.

Here's more info via OpenTable, where you can get a reservation for the fry seating:

Live Más Productions presents Nacho Fries, debuting in Taco Bell restaurants nationwide on January 25 for just $1. The most-anticipated menu item release of the year will be available crisped to perfection with bold Mexican seasoning and served with a dippable side of warm Nacho Cheese. Ahead of their nationwide release, Taco Bell will host fans in New York City for a complimentary, advance screening of Nacho Fries and the trailer “Web of Fries” that will leave fans hungry for more – more Nacho Fries that is. A five-star menu item like Taco Bell’s Nacho Fries is worthy of its own red carpet, and that’s exactly the treatment Taco Bell is rolling out with its first “big screen” debut.

The pop-up is open today from 4-8 p.m. and tomorrow from noon to 4 p.m. and again 5-9 p.m.

Gorillas in the mist (on the Bowery)

... and making music at Second Street... photo by Lola Saenz...