In the News: The Pearl Paint Buildings Have Been Sold

••• “353 and 355-357 Broadway between Leonard and Franklin streets” have been sold, but to whom remains unclear. “The $73 million price-tag includes the air rights from No. 359, which [family-owned ABS Partners] is retaining. It was the family’s first building and, in 1853, the site of Civil War photographer Matthew Brady’s studio. The pricing for the 10,965-square-foot site was $550 for each of its 132,780 buildable square feet. With a 210-foot height limitation, the future project can still grow by roughly another 50,000 square feet and the buyers are quietly adding transferable air rights to the mix.” Note: In the photo above, 353 Broadway is the two-story building at left; 355-357 Broadway, to its right, is where No Romance Galleries, Cafe Boca Ciega, and Gelsey Kirkland’s ballet school are; 359 Broadway is the five-story building at the right. —New York Post

••• Daytonian in Manhattan takes a deep dive into the history of the Tweed Courthouse, which was almost torn down several times.

••• Bethany Lyons of Lyons Den Power Yoga is participating in Racked‘s Hottest Trainer contest.

••• The Village Voice reviews El Vez.

••• “An 18-story, 30-unit condo building” is in the works for a stretch of Broome right off the Holland Tunnel entrance. —New York YIMBY

••• A Massey Knakal press release announced that the former Pearl Paint buildings (304-306 Canal) have been sold to an unnamed buyer: “It features approximately 37 feet of frontage along both Canal and Lispenard Streets and delivers additional air rights. [….] Due to the sizable floor plates and phenomenal location for retail and residential, the building offers a great opportunity for a developer, investor, and/or user.” Here’s a hunch: Demolition with a new residential building with an entrance on Lispenard. Or: hotel.

Pearl Paint

Update: Comments have been turned off due to spam. To have them turned back on, email


1 Comment

  1. 304 and 306 Canal need Landmarks approval for demolition. Good luck.