This exciting and rare site can be delivered vacant which allows for immediate development to meet the ever increasing hotel/commercial office demand in New York City. Alternatively, a developer could obtain a special permit for residential use from the city, a precedent that has been set by a variety of projects in the immediate area. Currently, the site is generating approximately $333,000 annually. All of the current leases are cancellable on either 30 or 90-day notice.
Michael Bloomberg has never been the sort of public speaker who makes people faint in his presence. He talks too quickly, mispronounces words, and has a weakness for self-referential jokes, at which he smirks readily, like a boy who knows that his mother approves.
Bloomberg took office during a recession, and quickly established himself as a bold and decisive fiscal manager, ultimately demonstrating, as his friend Mitchell Moss, an urban-planning professor at N.Y.U., says, that New York was “open for business after 9/11.” As the economy recovered, Bloomberg set about trying to transform the city, on a scale not seen since the days of Robert Moses. “I think if you look, we’ve done more in the last seven years than — I don’t know if it’s fair to say more than Moses did, but I hope history will show the things we did made a lot more sense,” Bloomberg told me. “You know, Moses did some things that turned out not to be great: cutting us off from the waterfront, putting roads all along the water.” The Bloomberg model, under the direction of Deputy Mayor Dan Doctoroff and Amanda Burden, the City Planning Commissioner, was based to a large extent on undoing the Moses legacy: rezoning for commercial and residential use large tracts of waterfront property that had once been the province of industry.
“If he weren’t sometimes such a dick, it would be an unbearable beat.”
In 1986, when the Lower East Side had just one bank in a 100-square block area...
In Manhattan, long the world’s banking capital, 12 percent of households still do not have a bank account... 91,100 Manhattan households feel more comfortable hiding their savings in closets, in pillows — even in brown paper lunch bags. They rely on check-cashers and corner bodegas for cash and post offices for money orders, even as banks are more accessible than ever: the Federal Deposit Insurance Corporation reports 682 banks in the borough in 2008, compared with 521 in 2004 — a more than 30 percent increase.
With 25 feet of frontage and up to 8,800 square feet of retail space available, 313-315 Bowery offers a unique opportunity to be a part of the resurgent development in the Bowery neighborhood. The hotel, residential and retail developments surrounding the old CBGB space provide extraordinary exposure for this opportunity in one of the city’s distinctive cultural landmarks.
Features
• 25 feet of frontage on Bowery
• 2 blocks away from Manhattan’s largest Whole Foods Market
• Former location of the world renowned CBGB
• Adjacent to over 700 new luxury rental units in AvalonBay Development
• Next to highly successful John Varvatos 315 Bowery boutique, opened Spring 2008
Take residential buildings where tenants have no in-house washer and dryer. Residents must schlep laundry to the basement washroom or nearest Laundromat. I understand they don't wish to be dirty neighbors but can't they cover their menfolks' unwashed BVDs? Tuck their own bra straps inside the basket? Under the box of Ivory? Those who are big-busted or cosmetically enhanced could invest in Ivory's economy-size box.
Food delivery is another thing. The pizza guy coming up. The Chinese-food delivery boy. Always nice to have the aroma of subgum wafting to the roof. And can we talk about the sweaty bicycle rider who gets in with his helmet, leg clamps, wheel chain -- and does NOT look like Lance Armstrong?
In buildings minus a service elevator, one must occasionally cool one's designer heels as deliverymen load cartons of toilet paper, Pampers and oranges that always roll out of their brown-paper bags into the lift. Everyone stares into the bags thinking, "Hmmm, chuck steak instead of T-bone. Apartment 46K's having money trouble."
