Real Estate Wire: 90-Year-Old LES Matzo Maker to Shutter; 45 Park Place Gets Its Demo Permits

Posted On Tue, January 6, 2015 By

Posted On Tue, January 6, 2015 By In Real Estate Wire

  • Streit’s Matzo Factory, the last family-owned matzo factory in the U.S., is in contract for purchase by an unnamed developer. The properties, located in the Lower East Side, were listed for $25M. [Bowery Boogie]
  • Soho Properties has received demolition permits for 45 Park Place, the site where a 665-foot tower luxury tower and an Islamic museum will rise. [CO]
  • The Hudson Yards tower featuring a ‘Thrill Device‘ will sprout to 1,287 feet. [Curbed]
  • Nicole Kidman is being sued by Urban Compass’s Leonard Steinberg’s insurance company over a burst pipe that’s caused $46,928.83 in damage. [NYDN]
  • Aby Rosen has sealed the deal on the purchase of NYC’s Church Missions House for $50M. [TRD]

Images: Streit’s Matzos on Rivington (left); 45 Park Place (right)



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