Happy Holiday Market

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

The annual meeting of shareholders took place on July 22. Two days later we distributed the minutes and the Powerpoint presentation via e-mail to everyone whose address we have. If you did not get this material and would like to see it, please contact donwillmott@hotmail.com.

The NYPD 6th Precinct Community Council Meeting

will take place in-person Wednesday June 26^th, 7:00 PM

Location: Northwell Lenox Health Greenwich Village,

30 7^th Avenue at 13^th Street,

Conference Center Room 643

As part of the planned 2024 enhancements to our regular monthly meeting programs, this June meeting will include a panel of guest speakers from the NYC Department of Homeless Services and integral partner agencies: Chris Gonzalez, DSS Chief Strategy Officer, Kevin Perdomo, DHS Assistant Commissioner for Street Homeless Solutions, Tamara Felix, Center for Urban Community Services (CUCS) Community Outreach Coordinator. They will address the Homeless Crisis and how they are tackling this important issue in our neighborhood and what information our Community residents and businesses should know.

Join the leadership of the 6th Precinct, your neighbors and local businesses for an update on community affairs.  Take this opportunity to listen or to voice your thoughts in an open and informative session.  We encourage you to tell/bring a neighbor and be a part of your Community’s voice.

Coffee and treats to be provided by

Marie Blancère French Café & Bakery 301/303 6^th Ave., New York

The sale of two units at Brack Capital Real Estate’s condominium conversion at 15 Union Square West may be set to shatter records for the sale of a single-family home on the square, the Corcoran Group’s Timothy Rothman told The Real Deal yesterday, since the new owner plans to combine them into one duplex spread. Rothman, a vice president at Corcoran on the Spiegelman team, represented a mystery foreign buyer in the deal for penthouse 11 and unit 10B at the building, which closed together yesterday for between $16 million and $17 million, he said, though he declined to give a specific price. The units were not on the market as a combination; their individual asking prices were $10.7 million and $6.5 million respectively. Rothman would not reveal the identity of the buyer due to a confidentiality agreement.

Walgreens has finally been renovated, and the result is a snack shop on steroids with the actual drug store part upstairs and down a hall.  Weird.

Simply Grid announced today that it has launched a food cart electrification pilot in New York City’s Union Square. This is the first example of a mobile food vendor on New York City’s public streets using grid electricity rather than a noisy, polluting generator. Citywide, more than 3,000 mobile food carts create the equivalent pollution emissions of approximately 10,000 cars. This pilot, launched in conjunction with the New York City Mayor’s Office of Long-Term Planning and Sustainability, Con Edison, the NYC Department of Transportation, and Closed Loop Advisors, will last for up to a year and abate up to 9 metric tons of CO2.

Simply Grid’s technology allows lot owners and municipalities to provide grid electricity to mobile food vendors which makes them cleaner, quieter, and more profitable. Electricity is made available to these vendors via outlets in industry standard electricity pedestals which have been customized with proprietary metering controllers. The controllers connect wirelessly to Simply Grid’s cloud-based platform which manages customer accounts, metering, and billing. The system allows vendors to initiate service with their mobile phones and connect to the electric grid with cables they already use with their generators. Grid electricity is a significantly cheaper energy source for food vendors, and it also eliminates the pollution and noise associated with running a generator.