The Times reports that Jackson Diner on University Place will be replaced by Nix, a high-end vegetarian restaurant. Gentrification by carrots.
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New to the ‘hood: Ichiba Ramen, at the site of the former Jamba Juice, University Place right near 14th St.
The great kitchen store Broadway Panhandler on East 8th St. will be closing this spring. Too bad because the store has a long history in the city going back to its original location on Broome Street in Soho. Watch for closing sales.
From The Real Deal:
Extell Development is in talks to buy a Greenwich Village commercial property with substantial development rights from the Duell family, the latest of several deals between the two. Gary Barnett’s firm is looking to acquire 530 Sixth Avenue on the corner of West 14th Street in Greenwich Village, Crain’s reported, citing a source familiar with the deal. The site is currently home to a 17,000-square-foot commercial building housing a Moscot Eyewear store, but public records show it has nearly 127,000 square feet of residential air rights.
Extell and the Duells have struck a number of deals in the past two months. In December, Barnett’s company bought two apartment buildings at 116 Seventh Avenue and 204 West 17th Street in Chelsea from the Duells, paying $11 million. He also bought 502 Third Avenue, a rental and retail building in Murray Hill, from the family for $11 million around the same time. Barnett also seems to be the buyer in the $20 million purchase of a rental building at 27 Washington Square North in the Greenwich Village last month, according to Crain’s. At the time of the purchase, the buyer wasn’t known. [Crain’s] – Ariel Stulberg
Just a quick historical look at prices for one-bedroom apartments in Greenwich Village.
The W Hotel Union Square is up for sale after owner Host Hotels & Resorts retained Eastdil Secured to market the 20-story property at 201 Park Avenue South. The brokerage is pitching the 205,00-square-foot, Beaux-Arts style building as a possible residential conversion opportunity, per marketing materials. The 270-room hotel, located on the corner of East 17th Street just north of Union Square, includes 26 guest suites. Bethesda, Md.-based Host Hotels acquired the property in September 2010 for more than $185 million, according to the New York Observer. The building was renovated and reopened in 2000 and houses two dining establishments – the Irvington restaurant and the W Living Room bar and lounge – operated by Scott Gerber’s Gerber Group. The hotel also includes 6,600 square feet of meeting space, a fitness center and a business center.
Our building (c. 1940)
