About the Stuy Town affordable units deal with the city

The term sheet for the agreement between the city and the Blackstone Group to keep 5,000 affordable units at Stuyvesant Town-Peter Cooper Village is 12 pages long. The Real Deal sifted through it and noted the following:

"None of the Affordable Units will be used by Purchaser on a transient basis or as a hotel, motel, hospital, nursing home, sanitarium, rest home or trailer park."

And one point to reiterate, as The Real Deal summarizes:

Under the agreement, Blackstone can likely reduce the number of affordable units from 5,000 to almost zero between 2035 and 2040.

Blackstone signed a contract last month to buy the 11,000-apartment complex for $5.3 billion in partnership with Canadian pension fund manager Ivanhoe Cambridge.

You can find the PDF of the term sheet here.

Previously on EV Grieve:
Local politicos seek answers from the Blackstone Group on the Stuy Town air rights deal

ConEd safety alert at the shuttered Organic Avenue on 3rd Avenue

An EVG reader notes the arrival of a ConEd notice — marked "safety alert" — on the former Organic Avenue storefront on Third Avenue at East Ninth Street... the flyer notes that the gas service is still active here, "but we do not have an account holder on file."

The flyer lists some numbers to call for the storeowner to set up an account. The entire OA chainlet shut down for good after business on Oct. 15.

Report: Preservationists speak out against making Union Square Park a city scenic landmark

[Photo from Oct. 30 via Bobby Williams]

Interesting story here via New York Yimby yesterday.

On Thursday, the Landmarks Preservation Commission held a public hearing about designating Union Square Park a city scenic landmark. (While it is already a National Historic Landmark, that designation doesn't protect it from changes within the park.)

Per NYY:

Jack Taylor, speaking for the Union Square Community Coalition, said that designating the park as it is today “would be a historical travesty.” “And it pains me personally, as a committed preservationist, to take a position that seemingly dismisses landmark protection for a fabled but now flawed part of New York City history,” he added.

For starters, there is about one block of actual park ... and that has been altered already through the years. In short, it lacks "historical integrity," as a rep from the Historic Districts Council put it.

Head on over to Yimby for the full story and an archival photo.

Stage 'Driver'

Perfect Pussy (along with Wild Moth) will be playing Nov. 16 at Elvis Guesthouse on Avenue A.

For a sample of them live… here's "Driver" via footage from a show in September 2014.

EV Grieve Etc.: Sheldon Silver on trial; the Beastie Boys on 'Soul Train'

[2nd Avenue & East 6th Street assist via Derek Berg]

Sheldon Silver on trial (The Lo-Down … The New York Times)

Checking out the menu items at Arepa Factory on Avenue A (Gothamist)

The $12.5 million penthouse at 10 Bond sells after 2 weeks (Curbed)

Hunting and eating (well, swallowing) rats with Christo in Tompkins Square Park (Gog in NYC)

Sally Davies on photographing the East Village (The Phoblographer)

"3 by Tom DiCillo" next week at the Anthology Film Archives ... includes 20th-anniversary screening of "Living in Oblivion." DiCillo and Steve Buscemi will be doing a Q-and-A on Nov. 11 (Anthology Film Archives)

Family heirs battle over movie chain, which could prompt a sale or break-up. The company owns several theaters in New York City, including the Angelika and Village East Cinema on Second Avenue and East 12th Street (The Deal ... H/T The Real Deal)

Squeezing the juice out of Organic Avenue (The New York Times)

The Beastie Boys on "Soul Train" in 1990 (Dangerous Minds)

The Ludlow House grows (BoweryBoogie)

Positive thoughts for Dr. Know of Bad Brains (Flaming Pablum)

Four female probationary firefighters will graduate from the FDNY Fire Academy, bringing the number of women firefighters to a total of 49 — a landmark high in the FDNY’s 150-year history (The Village Voice)

In defense of gentrification (The Atlantic)

An East 10th Street townhouse inspired by India (Ephemeral New York)

Artie's hardware store on West 14th Street has closed (Jeremiah's Vanishing New York)

Details of the murder case of a well-known dentist on Bond Street in 1857 (Off the Grid)

21 great NYC diners (Eater)

The retail space at Ben Shaoul's 100 Avenue A is available for $24.5 million; plus, naked model marketing clarification!

[Photo Tuesday by Peter Brownscombe]

The retail space at developer Ben Shaoul's in-progress new building is now on the market.

Cushman & Wakefield has the listing:

A retail interest at the base of a newly developed eight-story, luxury condo building designed by Issac & Stern located on the east side of Avenue A between East 6th and East 7th Streets. The retail is long term leased to Blink Fitness for 15 years with two (2) five (5) year options. Blink Fitness has over 38 locations in the NYC Metro area and is an affiliate of Equinox Holdings, who’s long term debt is rated B2 by Moody’s. The retail unit will consist of 6,717 SF of ground floor space with 11’ 8” ceilings and a 5,177 SF lower level with 9’ 2” ceiling heights.

Additionally, the space will feature a glass facade and over 76’ of frontage on Avenue A. It is located just south of Tompkins Square Park and within walking distance to the F, 6, N, R and L train stops. This is a rare opportunity to acquire a long term leased, low maintenance asset in the heart of one of the fastest growing neighborhoods of Manhattan.

Price: $24.5 million.

The listing also includes some new renderings of the building, which looks even bigger than the recently disclosed 8 stories…





In other 100 Avenue A news, broker Ryan Serhant, star of "Million Dollar Listing New York," offered some clarification (sort of!) via Instagram about the naked women (and one man?) …



…that are at the center of the building's marketing campaign that we wrote about last Friday…

This is a real model, with real paint. This is my team, my developers, my clients, my friends, my family, my fans. This is for everyone who sells something who does it differently. This is for the kids who wear clothes other kids won't or don't. This is for the the Dad who goes back to school to make his kids proud. This is for the student who turns in 2 pages of a 5 page essay - and aces it. This is for everyone who has been bullied, talked about, made fun of, and pointed at. This is for the tattoos hidden under suits at work. This is for the study breaks and the over-time. The crazy dates and the rosé wine. Learn the system, use the system, change the system. 100AVEA.com

A photo posted by Ryan Serhant (@ryan_serhant) on Nov 2, 2015 at 6:14pm PST

Per Curbed, who noted the Instagram on Wednesday:

What does a naked, painted woman have to do with multimillion dollar condos? How does this, the image or the condo, speak for "everyone who has been bullied, talked about, made fun of, and pointed at," as Serhant's text suggests? Reminder: this is a development bringing expensive apartments to a neighborhood its developer has had a hand (an arm, really) in bringing into its current state.

Previously on EV Grieve:
Trying to figure out what is going on at 98-100 Avenue A

Last holiday for P.C. Richard on East 14th Street

The city has plans for 124 E. 14th St. at Irving Place that don't include TVs and home appliances.

As Crain's first reported, the city's Economic Development Corp. is now accepting proposals to redevelop the city-owned site that P.C. Richard (and Son!) has leased the past 19 years.

To Crain's!

The EDC is encouraging developers to pitch projects that include new office space for booming industries in the neighborhood, such as technology and creative businesses. According to the city's guidelines, the development could provide fledgling companies with the space to get started and also a location for young but established firms to transition from incubator and co-working spaces that have sprouted around the city into their own digs.

Oh, incubators! (Doesn't P.C. Richard already sell those?)

And!

"The current site of the PC Richard store will serve as a new tech hub in Union Square, capitalizing on the academic and transit advantages offered by the neighborhood and its proximity to the Flatiron district," said Maria Torres-Springer, president of the EDC, in a statement.

The lease for P.C. Richards is up in February. Expect some bigger than the normally big sales!

Maybe this will be priced to move...

The Fantastic Tea Shop is for sale (and for rent)

An EVG reader noted the arrival of a for rent sign in the window at the Fantastic Tea Shop at 128 E. Fourth St. between First Avenue and Second Avenue…

There is also a smaller sign in the window, noting that the business is for sale. (Call Anita: 917-291-4811.) So maybe you could buy the business and renegotiate the lease with the landlord (no mention of rent in the listing) … or move it elsewhere.

The cafe opened here back in January.

The Village Veterinarian is moving on East 11th Street

Just noting the recent arrival of the coming soon signage at 318 E. 11th St. between First Avenue and Second Avenue... announcing the new (larger) home for The Village Veterinarian, who is currently down the street closer to First Avenue.



The sign points to an opening in early 2016.

The previous tenant here, Soon Beauty Lab (who consolidated their operations), closed back in January.

Repost: The Ninth Street Bread N Cake Bakery was great until they applied for a liquor license

Digging into the archives here with this post from Nov. 5, 2010...

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Thanks to Goggla's comment the other day, we've all been spending far too much time looking at photos from the New York Public Library archives ... EV Grieve reader Pinhead came across this shot..

It's taken from the old Cooper Union building, looking at Stuyvesant Street to the east toward St. Mark's Church in-the-Bowery, 1856.


As Pinhead says: "Be sure to zoom the amazing detail, like the Ninth Street Bread N Cake Bakery at 172 E 9th (an address that doesn't exist anymore because of the NYU dorm)."