ACQUISITION
Through careful due diligence and local knowledge of the streets, Sherr Equities recognized the development and progress of the ever evolving Lower East Side scene. The area was bursting with new development, and in 2009 Sherr Equities seized the opportunity to acquire the single story building at the Southwest corner of Orchard and Stanton streets.
DEVELOPMENT
Sherr Equities developed the site into a 3 story building, and worked to secure leases with two well- established and successful tenants of the LES. The fully leased 3 story building was applauded for incorporating new construction while remaining consistent with the fabric of the neighborhood. The corner of Orchard & Stanton is now one of the premier crossroads of the entire LES scene, and our building is uniquely situated at the epicenter of everything the LES has to offer.