Anthropologie Nixes Store at 250 Bowery, Dissing Buildout

A rendering of 610 Lexington Avenue

Just two weeks after the facade at 250 Bowery was revealed, with Anthropologie‘s name dominating the exterior, the retailer has reportedly backed out of its 10,000-square-foot location at the new Lower East Side building.

The apparel maker broke its contract on Thursday following months of rumors that the company had been displeased with an unspecified aspect of the new property’s buildout. Its ground floor space is now back on the market, with an annual asking rent of $1 million. Read More

Gentrification Watch

L.E.S. Report: Application for 2,300 S.F. of Commercial Space on Orchard St., Intermix To Hit Bowery

194 Orchard Street (Credit: Bowery Boogie)

The times continue to change on the once-scruffy Lower East Side.

Last month, the Leather Gallery of New York, a vestige of Orchard Street’s historic discount shopping district, moved down the block from 194 Orchard Street. Now, filings with the Department of Buildings indicate that a new 9,225-square-foot, six-story mixed-use building might rise in its place, Bowery Boogie reported. Read More

Retail

Retail Run on Bowery

Bowery is fast becoming a retail hotbed. (image: Peter Guthrie on Flickr)

Much has been made of the metamorphosis of the Bowery from one time skid row to trendy runway. Boutique hotels, apartment buildings, the New Museum and residential developments have landed and it seems retail is realizing the street’s potential.

“I really think it’s coming together down there,” said Faith Hope Consolo, chairman of the retail Read More