Showing posts sorted by date for query 47 e. third street. Sort by relevance Show all posts
Showing posts sorted by date for query 47 e. third street. Sort by relevance Show all posts

Saturday, October 10, 2009

Economakis mansion renovation shuts down Third Street today





No traffic today on Third Street between First Avenue and Second Avenue. At 47 E. Third St., the Economakis family is creating their 11,600-square-foot dream home from the former 15-unit tenement.





One neighbor watching the crane at work wondered how many more Saturdays would be affected by the construction.

Previously.

Friday, October 2, 2009

Inside the Economakis dream mansion on East Third Street



In this week's issue of The Villager, Scoopy gets a tour of the renovations at 47 E. Third St., where the Economakis family is making their 11,600-square-foot dream home from the former 15-unit tenement.

To some excerpts!

Except for the areas that the family is still using, the place has been completely gutted in the past month — with just the floors, the stairs and the building’s brick shell remaining. The old roof is still on, but will be replaced soon. With peppy enthusiasm, Catherine Economakis led the tour, first showing us her “dream kitchen” she had installed on the second floor, complete with a fully stocked stainless steel refrigerator, adjacent to their combination living room/dining room. Moving into the freshly gutted areas — where nothing at all is left of the former apartments — Catherine showed where they will blast through a wall to create a new doorway so that she won’t have to make the “50-yard dash,” as she put it, between the kitchen and the new dining room proper — that is, once they build the dining room in the rear of the building where one of the tenant’s apartments used to be.


And!

The Economakises also proudly note they have even restored the building’s cornice, which had been removed, and have cleaned and pointed the old tenement’s front brickwork. Catherine stated they intend to live there their whole lives. Alistair, saying one can never know what the future holds, assured they’ll stay there at least 10 years — if not 20 years, and yes, maybe even forever.


Previously on EV Grieve:
Report: Alistair Economakis is suing his cousin Evel for libel

And Economakis gets the whole building for his dream mansion

The 47 E. 3rd St. protest in video

At the 47 E. 3rd St. protest

Conspiracies: Where are all the fliers?

Tuesday, September 8, 2009

Dumpster marks the beginning of the end of 47 E. Third St.

As The Villager reported in its current issue, on Aug. 27, tenants moved out of 47 E. Third Street -- home of the infamous, longstanding battle with building owner Alistair Economakis.

According to the paper, Economakis may have also moved out -- at least temporarily. Pr maybe not.

And now a dumpster is in place in front of the building for collecting the remains of the renovation that will turn the tenement into the family's Mansion.




And check back with the paper later this week: There will be more of an interview with Alistair Economakis -- his longest to date with the media.



Previously on EV Grieve:
Report: Alistair Economakis is suing his cousin Evel for libel

And Economakis gets the whole building for his dream mansion

The 47 E. 3rd St. protest in video

At the 47 E. 3rd St. protest

Conspiracies: Where are all the fliers?

Friday, February 20, 2009

EV Grieve Etc: Mourning Edition



M8 rally tomorrow (Colonnade Row)

Last chance weekend at Etherea (Stupefaction)

Tenants at 47 E. Third St. have until Aug. 31 to vacate (The Villager)

The cons are on (Jeremiah's Vanishing NY)

Butts, billboards and Beyond (BoweryBoogie)

50/50 for Ruby's reopening (Grub Street)

Happy (sort of belated) birthday Cheetah Chrome (Punk Turns 30)

Monday, December 15, 2008

Report: Alistair Economakis is suing his cousin Evel for libel


As you may recall, a sharply worded letter made the rounds this past summer from one Evel Economakis, a high-school history teacher in Athens, Greece, who is also reportedly the cousin of landlord Alistair Economakis, owner of 47 E. Third St. (In November, Alistair Economakis was successful in buying out the remaining tenants at 47 E. Third St. He is reportedly making the tenement building a home for his family.)

According to an article in The Indypendent, Alistair Economakis is suing his cousin for libel. As The Indypendent reported:

In a letter sent out in September, Evel Economakis wrote that the libel suit is an attempt “to send me to jail and destroy me financially (which is not a hard thing to do, as I make under $12,000 a year).” According to Third Street tenants, Greek law allows plaintiffs to sue for libel even if the accusations are true.

So in that letter, Evel apologized for “the mistake of calling my cousin Alistair a ’spoiled rich brat.’

“Alistair grew up with a silver spoon in his mouth, was surrounded by maids and other servants, had everything handed to him, played on his father’s yacht, and rode his father’s horses on their estate in England. More, on at least two occasions I personally witnessed how rudely he addressed poor elderly people in Greece. But none of this, of course, constitutes evidence that he is a ’spoiled rich brat.’ Sorry, Alistair, I shouldn’t have said that about you.”

“If I had the chance to rewrite the letter, I wouldn’t use characterizations and other adjectives,” he concluded. “But I have always believed -- and will always believe -- that a parasite is a person who takes and never gives back. A parasite buys and sells, producing nothing. Worse still, he does so at the expense of others.”


Meanwhile, the article in The Indypendent contains many juicy details about the battle for 47 E. Third St.

Previous coverage of 47 E. Third St. on EV Grieve.

Tuesday, November 11, 2008

And Economakis gets the whole building for his dream mansion


The New York Post reports:

Eight holdout tenants who fought for five years to keep their millionaire landlord from turning their Lower East Side tenement into a mansion for himself agreed to be bought out yesterday.

The last rent-stabilized tenants of 47 E. Third St. said they gave in because they weren't confident they would beat real-estate baron Alistair Economakis in the Manhattan Supreme Court trial scheduled to begin yesterday.

Economakis, the son of a Greek shipping magnate, bought the six-story building for $900,000 in 2003 and said he needed it as a home for himself, his wife and two children.

He reached deals with seven of the 15 tenants but the others fought until yesterday.

The tenants will each receive $75,000 under the settlement, except for one elderly resident, who will get $175,000.


Here is the Web site for Alistair Economakis -- The Other Side of the Story: 47 East 3rd Street

Previously on EV Grieve.