Report: Raphael Toledano files for Chapter 11; $145 million deal for EV portfolio is off the table

On Tuesday, an affiliate of Raphael Toledano's Brookhill Properties filed Chapter 11 bankruptcy protection on a 15-building East Village portfolio, The Real Deal reports.

Meanwhile, the deal to sell the portfolio to Joseph Sutton, son of retail mogul Jeff Sutton, for some $145 million is also off.

All this has transpired about one month after Madison Realty Capital filed to foreclose on the package of multifamily walk-ups acquired by Toledano in 2015 from the Tabak family. (Toledano purchased 28 buildings in two separate portfolios from the Tabak family for a total of $140 million.)

Per The Real Deal:

Now that the deal with Sutton is no longer happening, Toledano is looking for other suitors, sources said.

The bankruptcy filing, submitted by Brookhill-controlled entity East Village Properties LLC, would buy Toledano more time to sell the buildings and avoid foreclosure.

Toledano and Sutton declined to comment. Sources familiar with the deal said that Sutton did not want to be associated with a deal tainted with a bankruptcy filing.

According to The Real Deal, the buildings in this portfolio are: 27 St. Mark's Place, 66 E. 7th St., 514 E. 12th St., 223 E. 5th St., 229 E. 5th St., 231 E. 5th St., 233 E. 5th St., 235 E. 5th St., 228 E. 6th St., 253 E. 10th St., 323-325 E. 12th St., 327 E. 12th St., 329 E. 12th St., 334 E. 9th St. and 510 E. 12th St.

The Brookhill Properties website previously showed that the company owned 21 buildings in the East Village.

As of last evening, the Brookhill Properties website was no longer online...



Previously on EV Grieve:
Foreclosure notice arrives on Raphael Toledano-owned building on 12th Street

Claim: Landlord of 444 E. 13th St. threatened 'to drop dynamite on the building'

Cleaning up 444 E. 13th St.

Report: State investigating East Village landlord Raphael Toledano

Health Department to inspect Raphael Toledano's East Village properties for toxic levels of lead dust

Image via the Brookhill website

Village Pourhouse is closing on 3rd Avenue; E.Vil is coming soon

Word is circulating that Village Pourhouse, the pub-crawling hosting hotspot, is closing on Monday. A tipster told us that management informed the staff last night.

However, the sports bar, which opened in the summer of 2006 on Third Avenue at East 11th Street, shouldn't be empty for too long.

The teaser site for E.Vil, the incoming rock club reportedly inspired by CBGB and Max's Kansas City, lists 64 Third Ave. — the current home of Village Pourhouse — as its address...



This new venture via, among other partners, club owner Richie Akiva, is "where you go to hear Aerosmith, the Clash, Guns N’ Roses, Led Zeppelin, ’80s/’90s rock, the Cult," one source told Page Six.

E.Vil is expected to open on April 17, according to their Instagram account. They were not listed on the April CB3-SLA committee docket released yesterday for a new liquor license.

Previously on EV Grieve:
E.Vil is coming to the East Village (31 comments)

City ID cards available through April 13 at former St. Mark's Bookshop on 3rd Avenue

31 Third Ave. at Stuyvesant Street has been empty ever since St. Mark's Bookshop moved out in June 2014. There have been a few art shows here, which makes sense given that Cooper Union owns the building.

Starting tomorrow, though, the space will be an IDNYC center through April 13...





Here's more about the program:

New York City residents are now able to sign up for IDNYC – a government-issued identification card that is available to all City residents age 14 and older. Immigration status does not matter. Mayor Bill de Blasio announced this initiative in his State of the City address in January 2014 and less than one year later proudly launched the largest municipal identification card program in the nation.

Find more details on how to sign up here.

No. 31 was home to the St. Mark's Bookshop for 22 years.

Do you have an apartment with an open floor plan for 'Broad City' to use?

Slum Goddess shares this flyer ... Crews are out scouting locations in the East Village for season 4 of "Broad City."

"We're looking for an apartment to film in for 1 day. The shoot is tentatively scheduled to take place sometime between April 3 and April 14. The apartment should be two bedrooms and up with an open floor plan ... The idea it is supposed to play as a dorm room.

Today in free shit on 7th Street

FYI — someone has already nabbed the free lunch sign... photo by Derek Berg

Spiky structures complete outside Cooper Union

We've been noting the spiky structures under construction outside Cooper Union. Yesterday, workers finished erecting representations of John Hejduk's pair of architectural structures, "the House of the Suicide" and "the House of the Mother of the Suicide," that honor the Czech dissident Jan Palach.

Hejduk, a Cooper Union graduate, was the founding dean of The Irwin S. Chanin School of Architecture at Cooper Union.

Known as the Jan Palach Memorial, which was permanently installed in Prague in 2016, this is the first public exhibition (via Cooper Union and the Department of Transportation) for the recently revamped Cooper Square plaza.

Curbed has more today about the project.

To install the outdoor sculptures ... Cooper Union assembled a team of current students and alumni. Hejduk was a big believer in the “social contract” of architecture, so the school wanted to assemble his work in that spirit.

Over two weeks the Cooper Union team, using power tools and socket wrenches, assembled 400 pieces into both sculptures. They used a wooden yoke to carry each of the 98 spikes onto the roof of each structure, which is 12 feet off the ground. The spikes — which weight about 100 pounds a piece —then project another 12 feet into the air. The framing of both sculptures is made of cedar timber, while the spikes are made out of sheet metal welded together.

This is part of a month-long exhibit featuring Hejduk's work that starts today. The sculptures will remain through June 11.

Updated:

Here are some photos from later today via Vinny & O...







Previously on EV Grieve:
Celebrating the work of John Hejduk at Cooper Union

Today's Avenue A milling report

Workers were expected to mill Avenue A up to 13th Street last evening and overnight ... apparently the rain delayed the start of the milling festivities... which might explain why they just got to Sixth Street ...



Perhaps there will be more milling tonight. Also! Signs on St. Mark's Place note that milling will take place from Third Avenue to Avenue A tonight.

The morning view

Photos of today's selective sunrise by Bobby Williams...

D.L. Cerney returning to the East Village

[Photo by Steven]

In the past two summers, the D.L. Cerney boutique returned to the East Village, selling its hand-made, vintage-style clothes in a pop-up space on Ninth Street between First Avenue and Second Avenue.

Now, however, it appears that D.L. Cerney is making the Ninth Street stay permanent. A D.L. Cerney "open soon" sign arrived at 324 E. Ninth St. between First Avenue and Second Avenue.

D.L. Cerney closed up shop on Seventh Street at the end of 2012 after 28 years in business. At the time, co-owner Linda St. John told Jeremiah Moss that the closure wasn't about rent, just about time. She wanted to leave the city for awhile and focus on her art and writing.

There isn't any word on an opening date. The space was previously home to Dusty Buttons, which closed last month.

Ghost signage and (eventually) gelato at 9th Street and Avenue A

Workers have been gutting the former Cafe Pick Me Up space at 145 Avenue A at Ninth Street... multiple readers have noted that some ghost signage has been exposed from a previous business — Wholesale Wine & Liquor Merchant... EVG Ghost Signage Correspondent Steven took these photos...









Anyway! As for the new tenant, word from a worker here is a gelato shop.

Cafe Pick Me Up moved out in May 2015 after 20 years in business. They were housed at 145 and 147 Avenue A, and had two different landlords — Icon on the left, Steve Croman on the right.

Café manager Rossella Palazzo told DNAinfo in March 2015 that a rent hike from No. 145 landlord Icon Realty was the reason for the closure. (Icon listed the storefrontat $15,000 a month for the space, which includes 600 square feet on the ground floor and 724 square feet in the basement.)

Previously on EV Grieve:
Rent hike forcing Cafe Pick Me Up into its smaller space next door on Avenue A (59 comments)

[Updated] Cafe Pick Me Up expected to close for good after May 31

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

New retail space available on St. Mark's Place

A new retail space is now available at 94 St. Mark's Place between Avenue A and First Avenue ... in space on the west side of the building that houses Fun City Tattoo...



Per the listing:

Space in vanilla box condition. Brick walls and wood floor. Landlord to provide C/O for retail or food. Landlord installing new storefront with large bay window. Perfect for any use. Busy 24/7 East Village block.

The space is 600 square feet with an ask of $6,800.

As far as I know, the space was previously a residence...


[Image via LoopNet]

The retail space is also above the Under St. Mark's performance space. There were questions about the theater's status (they were on a month-to-month lease) when the building hit the market in 2011. However, Horse Trade Theater Group was able to secure a new 7-year lease then. Not sure what happens after 2018.

According to public records, the building changed hands last summer for $6.4 million. The buyer is listed as an LLC with a law office for an address.

Previously on EV Grieve:
94 St. Mark's Place on the market, and what will it mean for Under St. Marks?

Horse Trade Theater Group launches campaign to buy 94 St. Mark's Place

Developer withdraws zoning variance request for former 14th Street post office site

[Photo from 13th Street Saturday by Bobby Williams]

As noted yesterday, reps for the developers of 432-438 E. 14th St. were to appear before the Board of Standards and Appeals today to seek a variance on their mixed-use building between Avenue A and First Avenue.

However, before this morning's hearing, Benenson Capital Partners and Mack Real Estate dropped their application for the zoning variance, according to the Greenwich Village Society for Historic Preservation (GVSHP).

Reps for the mixed-used building had been lobbying to receive a zoning variance for a 12-story building — four more floors than the area's zoning allows — at the site of the former Peter Stuyvesant Post Office

Facing opposition from community groups and residents in previous meetings, the developers cut back their request by two-thirds. Their new proposal sought nine stories on the East 14th Street side of the building, one higher than the eight allowed under the current zoning.

The developers had claimed that the property "is burdened by a combination of unique conditions that result in practical difficulties in complying with the applicable zoning regulations."

The GVSHP was among the groups opposed to the zoning variance. GVSHP held a rally this morning with residents and union members before the hearing was to take place.

"This is a victory for the East Village and all New Yorkers who care about preserving our neighborhoods and ensuring that everyone plays by the same rules," GVSHP Executive Director Andrew Berman said in a statement. "We have reasonable parameters for the size and height of new developments in our neighborhood, which protects the East Village’s unique character. This developer showed no legal justification for being exempted from those rules."

The current approved plans on file with the city show an 8-story building with 114 residences (reportedly 23 affordable, 91 market rate) and ground-floor retail. The residential entrance to the building will be on 13th Street while access to the storefronts will be on 14th Street.

Updated: Town & Village has a recap here.

Previously on EV Grieve:
Former Peter Stuyvesant Post Office slated to be demolished

The former Peter Stuyvesant Post Office will yield to an 8-story residential building

New residential building at former 14th Street PO will feature a quiet lounge, private dining room

A look at the new building coming to the former Peter Stuyvesant Post Office property

EV Grieve Etc.: More about Angelica Kitchen's departure; Boss Hog returns

[Christo in Tompkins Square Park yesterday by Steven]

Boyfriend indicted for strangling Brooke Garcia, 27, in the Lillian Wald Houses (DNAinfo ... previously)

A wide-ranging interview with Leslie McEachern, owner of the soon-to-close Angelica Kitchen (Gothamist ... previously)

Ex-con arrested for attempted rape on Rivington and Norfolk (Daily News)

Jared Kushner, whose company owns 40-plus East Village buildings, is going to be busy (HuffPost ... The New York Times ... previously)

Ai Weiwei’s newest NYC installation will use fences to reflect on immigration, nationalism (Curbed)

Boss Hog are back with their first record in 17 years ... The Quietus has an interview with the band at 7B/Horseshoe Bar/Vazac's after practice at their nearby rehearsal space... while The New York Times also checks in with a feature here.

And a promo for the new record, Brood X...

#BroodX

A post shared by Boss Hog (@boss_hog_bitches) on Mar 24, 2017 at 10:03am PDT

Get ready for some roadway milling tonight

Signs are up along Avenue A, from Second Street to 13th Street, announcing roadway milling commencing this evening at 6 ... and continuing through to 6 a.m.

Work will also take place on St. Mark's Place, from Third Avenue to Avenue A...



...and 12th Street from Fourth Avenue to First Avenue, per the city's Milling & Resurfacing Schedule (PDF here).

So all these areas are a tow-away zone.

Meanwhile, hopefully none of this milling business will interfere with the two film shoots scheduled in roughly the same area today and tomorrow...

The changing downtown skyline as seen from Avenue B

[Photo from last week]

Extell’s One Manhattan Square is becoming more prominent on the skyline, as seen above from Avenue B and Fourth Street ... the 80-story residential tower, at the site of the former Pathmark on Cherry Street, will feature 815 one-to-three-bedroom residences starting at $1.15 million.

And if you keep walking...



One Manhattan Square will likely be getting some skyline company: three more large-scale projects are being planned nearby along the East River. As The Lo-Down reported yesterday, the Department of City Planning announced that a "public scoping meeting" for a Two Bridges Environmental Review will take place on April 27.

LoveThyBeast coming to 5th Street

Been meaning to note the recent arrival of signage for LoveThyBeast on Fifth Street between First Avenue and Second Avenue ... in the gut-renovated and rebranded Shops on East Fifth Street.

The store, which is expected to open very soon, sells accessories for pets — and their owners.

Founder Tiziana Agnello previously sold her pet wares at pop-up events and online as well as a few retail outlets, such as Urban Outfitters.

LoveThyBeast joins the coffee shop Southern Cross in this new strip of remodeled storefronts. One of the three retail spaces remains on the rental market.

2nd Avenue special

Photo today by Grant Shaffer...

The morning so far

Foggy with a chance of fog... photo by Bobby Williams

Developers pitching city tomorrow for extra floor at former PO site on 14th Street

Reps for the developers of 432-438 E. 14th St. will appear before the Board of Standards and Appeals (BSA) tomorrow to seek a variance on their mixed-use building between Avenue A and First Avenue.

As we reported on March 16, the developers — Benenson Capital Partners in association with the Mack Real Estate Group — have cut back their original zoning variance request by two-thirds.

Their new proposal is seeking nine stories on the East 14th Street side of the building, one higher than the eight allowed under the current zoning. Aside from ground-floor retail, the building at nine stories would contain 130 apartments, 26 of them tagged as affordable.

The Greenwich Village Society for Historic Preservation (GVSHP), one of the groups opposed to the variance request, broke it down further:

The developer is now requesting a 14.5 ft. increase in the allowable height of the building (restricted by zoning to a maximum height of 80 ft.), to allow the building to rise up to 94.5 feet. This is down from the 44 ft. increase requested in January, which would have allowed the building to rise up to 124 feet.

The developer is also now requesting a 10,000 sq. ft. increase in the allowable size of the development (restricted by zoning to a maximum of size of 103,800 sq. ft.), to allow the building to contain 113,929 sq. ft. This is down from a 27,550 sq. ft. increase in allowable size of the development requested in January, which would have allowed the building to contain 131,350 sq. ft.

As previously noted, the developers say the property "is burdened by a combination of unique conditions that result in practical difficulties in complying with the applicable zoning regulations."


[Photo from 13th Street Saturday by Bobby Williams]

The BSA's Public Hearing Sessions are at 22 Reade St., Spector Hall. The hearing starts at 10 a.m. This item is No. 18 on the agenda.

The GVSHP is hosting a rally at 9:30 a.m. before the hearing tomorrow...



Per GVSHP officials: "While significantly reduced, the developer is still asking to build larger than normally allowable, based upon what we believe are false and inaccurate claims about the project."

This was the former site of the Peter Stuyvesant Post Office, which closed in February 2014.

Previously on EV Grieve:
Former Peter Stuyvesant Post Office slated to be demolished

The former Peter Stuyvesant Post Office will yield to an 8-story residential building

New residential building at former 14th Street PO will feature a quiet lounge, private dining room

A look at the new building coming to the former Peter Stuyvesant Post Office property