S. Oppenheimer & Co.

April 20, 2016

$9.5M LES Carriage House With a Waterfall Was Once the Home of a German Sausage Dynasty

If you think the Lower East Side has turned into a big sausage party, check out this listing–you'll see it's nothing new. The unassuming brick building at 170 Eldridge Street has written in peeling paint across the top of one of the loading bays "Office of / S. Oppenheimer" and "S. Oppenheimer." Dating from somewhere between 1875 and 1879, this is considered by some to be the city's oldest painted signage. The sausage casing distributor was started in Chicago by Sigmund Oppenheimer, who emigrated from Mannheim, Germany in 1868 and flourished for nearly a century, with offices worldwide and a New York presence that began in the 1870s at this address and later expanded to 96 Pearl Street and elsewhere in the city. Since 1996, the property has been a rare and fascinating mixed-use townhouse for restaurateur Georges Forgeois, whose enduring establishments (Jules Bistro, Cafe Noir, Bar Tabac) are standout destinations in their respective neighborhoods. Forgeois' brother, Dany, purchased the property in 1996 for $200,000 and later transferred ownership to Georges, according to records, in 2012. The home was listed in November for $12 million and just got a broker change and a price chop to $9.5M.
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