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