The six-story building that currently houses the noted restaurant Eulalie, which opened in 2023 and which was originally — starting in 1985 — Drew Nieporent’s Montrachet, was sold last week. The sale was registered with the city on Wednesday for $5.9 million. The L-shaped building wraps around the historic 2 White and was last purchased in 1979 by John Matera, who went on to acquire close to a dozen properties in the neighborhood.

This is 239 West Broadway, aka 4-6 White, and I believe it is one of the last of the Matera buildings to be sold off. The building, just inside the Tribeca East Historic District, was built in 1902 as a warehouse or for manufacturing. (See more below.)

Eulalie, run by Chip Smith and Tina Vaughn, regularly makes the best-of-everything lists. They have another decade on their lease. Until they took over the space, Drew Nieporent had his series of Michelin-starred restaurants there, starting with Montrachet, then Corton then finally Bâtard, which served its last meal there in May 2023.

From the designation report for the Tribeca East Historic District: This six-story, L-shaped store and loft building is forty feet wide on White Street and twenty-five feet wide on West Broadway. It was constructed in 1902-03 for James Stanton and was designed by Frederick C. Zobel, an architect of many commercial buildings in New York City. The structure replaced one frame dwelling and one masonry dwelling. The primary facade of the building, on White Street, is faced in painted brick. Rusticated brick piers with stone bases frame the two-story base, topped by a sheet metal cornice. The third through fifth stories have tripartite window bays with metal frames; a prominent sill course at the third story and an elaborate cornice above the fifth story distinguish this central section of the building. The sixth story has a band of six simple window openings and is capped by a cast-iron cornice….A painted sign reading “Matera Canvas” is found on the western wall.

Peter Matera owned close to a dozen buildings in the neighborhood when he died at 61 in 2023. His parents, John and Margaret, built their portfolio here over the ’70s, ’80s and 90s while living at 5 Lispenard; some of the deeds go back far enough to name the families who owned the land before the streets were cut — like the estate of Anthony Lispenard.

From what I was told back in 2024, one buyer bought most of the Matera buildings — thought it’s hard to see that in the city records. The plan is to flip them one by one. Here’s some of the others — comment if I am missing something:

321-325 Church at Lispenard
Once Saluggi’s, Westside Coffeeshop, barber shop; a pizza shop is coming to the Saluggi’s space
The LLC that purchased the property in June 2024 for $6.5 million called it 33 Lispenard.
It turned over again in December 2025
The plan in 2019 was to build a seven-story building on the site. More soon!

96-100 Franklin Street | now 100 Franklin
Sold in 2014

325 Greenwich Street at Duane | Cafe Clementine building
Sold in 2019

249-253 West Broadway | 17-23 Avenue of the Americas | 1-5 Walker
Once held Tribeca Pharmacy, Tribeca Park Deli, Anotheroom & offices
Sold in January 2025.
It will become a 10-story residential building called 1 Walker

1 and 5 Lispenard at Sixth Avenue 
Nancy Whiskey Pub, which has been on the corner with West Broadway since 1967; plus the printer a couple doors down
The two buildings were sold in June for $7.9 million
Number 3 sits between the two and seems to have no immediate action — Tataki Japanese is on the ground floor. It is owned by Leonard Hecht, who acquired it in the 1990s along with 237 West Broadway, aka 2 White — the sweet landmark on the corner that is now Todd Snyder at the Liquor Store.

53-61 Sixth Avenue | One York
One York was built in 2008.