How to Save the Village…on a Map

After 17 years of selling pizza by its weight, the appropriately named Pie by the Pound has closed on Fourth Avenue between 12th Street and 13th Street. June 30 was the shop’s last day.

Here’s part of the message from owner Jeffrey Reiss on Facebook:

It is time to say goodbye😭🙁😢. I want to thank the local community and beyond for supporting us and who have been our fans until the end. I will deeply miss the vegetarian, vegan and especially the Gluten Free Communities. Such beautiful memories of all the families and kids and my staff….that will last a lifetime. I will miss this place. From the bottom of my heart, THANK YOU.

Love,
Jeffrey

An update from the Farmer’s Market:

The time has come to flex your Winter Warrior muscles! Each year, from January through March, Greenmarkets across the city participate in the Winter Warrior Challenge. If you shop at the market during the coldest months of the year, you can win a prize (and Winter Warrior bragging rights!)!

It’s simple to participate and fun for the whole family! All you need to do is stop by any Greenmarket Market Info Tent to pick up your Winter Warrior card. Then, every time you shop at the Greenmarket between January and March, visit the Info Tent to get your card stamped.

Shop ten times before March 31st and win a small Greenmarket prize plus an entry into our raffle for one of our grand prizes. For details, grand prize announcements, and more, follow us at @unsqgreenmarket on Instagram!

NEW YORK CITY-DHA Capital LLC and its co-development partner Continental Properties have purchased 12 E. 13th St. in Manhattan. The property was sold for $32 million, or more than $700 per square foot. ABS Partners represented the sellers.

Hertz Rental Car previously occupied the ground floor while the remainder of the building, which spans 45,032 square feet of space, was being used as a parking garage. The new owners plan to turn the structure into upscale condominiums and will likely create a mix of full-floor homes and duplexes, along with retail facilities, according to a release.

“This is a highly desirable location where we intend to create large, super-luxury homes which will appeal to discriminating buyers,” says Steven Fisch, managing partner at Continental Properties, in the release.

”These types of homes are in very strong demand but short supply, particularly downtown,” adds Dan Hollander, managing principal of DHA. The team has engaged Cetra/Ruddy architects to design the conversion, which will not enlarge the building but will add several stories by demolishing part of the rear portion.

Located on the southern side of East 13th Street, between University Place and Fifth Avenue, the property is close to Union Square. A similar building that was a parking garage at 66 East 11th Street was recently converted into a residential building offering luxury condos.

Odell Real Estate represented the buyer. Hertz had vacated the building as its lease expired this past fall. The move allowed the building to be sold vacant, eliminating the uncertainty of a holdover tenant for potential buyers.

Constructed in 1930 of brick, steel, and concrete, the building was most likely used as a horse stable in addition to a parking garage for cars, as evidenced by heating coils throughout the building, according to ABS director Adam Maxson in a separate release. The building also features two large car elevators.

Recent construction activity in the Greenwich Village area helped create a strong demand for the building from a wide range of buyers that included both small local investors and large international investment groups, Maxson says in the release. The New School is currently constructing a 375,000-square-foot building just across the street and is scheduled to open in the fall of 2013. Also, a high-end 113-room boutique hotel, the Jade Hotel, is being built on West 13th Street.

The seller was very happy with the purchase price, according to a press release issued by ABS. “The ABS team performed a stellar job navigating this complex transaction from start to finish,” says Darren Postel, one of the sellers, in the release. “ABS coordinated with a broad range of buyers to get this disposition executed. I could not be happier with the resulting sale at such an impressive number.”

This is the latest in a series of deals for DHA Capital. The firm is in pre-development of a 300-unit rental property on Manhattan’s West Side. At 53 Pitt St. in Manhattan’s Lower East Side, DHA created and is now marketing 14 rental lofts. In Brooklyn, DHA purchased a 200,000-square-foot development site at 88 Richardson St. The property, which was approved for 230 rental units, was sold by DHA in July of 2012. The firm also acquired and sold a stalled luxury co-op in Harlem for repositioning as a rental.

More than 100 booths fill Union Square Park for its annual Holiday Market. You’ll find plenty of affordable, quality items, as well as coupons for local businesses at the information booth. Your wallet will thank you. Update: The Union Square Holiday Market will be open November 16–December 24, 2024; find more NYC holiday content here.

The annual holiday market runs till 8PM nightly (7PM on Sunday) through 4PM on Christmas Eve.

Cafe Spice will become Jackson Diner, an Indian import from Queens.