Connect with us

Hi, what are you looking for?

Jewish Business News

Real Estate

Ben Shaoul to Build Lower East Side Condo

196 Orchard Street

Ben Shaoul has plans for a new apartment building on the Lower East Side of Manhattan right near the famed Katz’s Deli.

His Magnum Real estate wants to build a ten story 120 unit mixed use tower at 196 Orchard Street which is currently a squat one story building and the home of Karaoke Boho. There will be 94, 923 square feet of residential space with 83 units and a commercial footprint of 13, 463 square feet. The plans also leave space for a gym.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

The building could be no higher than 120 feet because that is the height limit set by the 2008 East Village/Lower East Side rezoning.

Shaoul filed the application for permits this week. According to NY Yimby Marc Ravner, who is a partner along with Ben Shaoul at Magnum, is listed as the owner on the permit.

Magnum owns at least three adjoining parcels around the area of the corner of Lafayette and Houston to build on.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.