The Rivington Street building that once housed the Streit's Matzo Factory is primed for its forthcoming redevelopment, as the Department of Buildings gave the go-ahead to a partial demolition of the former factory.
Cogswell Realty has gotten DOB approval for the planned redevelopment of the former factory, according Bowery Boogie reports. Streit's had operated out of the space for 90 years before it closed after Passover; the company has now moved to a spot along Route 303 next to Kings Highway.
With the permits in hand, Cogswell is set to demolish floors two through six, and renovate the ground floor and the basement to be used for retail. It is likely that a six- to seven-story residential building will rise on the site. Back in July, Cogswell was also in talks to purchase 14,000 square feet of air rights for $2.7 million; the firm has partnered with Gluck+, an architecture firm known for designing modular homes, for the project.
· Decapitation of Streit's Matzo Factory Building on Rivington Street Nets DOB Approval [Bowery Boogie]
· The First Hint at What Could Replace Streit's Matzo Factory [Curbed]
· Streit's Matzo Factory Bows Out, Will Close this Spring [Curbed]