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Developer Wants to Tear Down Part of Streit's Matzos Factory Building

By Lisha Arino | October 21, 2015 4:40pm
 A developer is looking to remove the upper floors of 150 Rivington St., the tallest building in this photo, according to a permit application filed with the city.
A developer is looking to remove the upper floors of 150 Rivington St., the tallest building in this photo, according to a permit application filed with the city.
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DNAinfo/Lisha Arino

LOWER EAST SIDE — A developer is applying to demolish part of one of the buildings that made up the former Streit’s Matzos factory, records show.

Cogswell Realty — which acquired the factory for $30.5 million in April — is looking to tear down the second through sixth floors of 150 Rivington St., according to a permit application filed with the Department of Buildings on Oct. 15.

The permit, if granted, would allow the developer to remove the building's upper floors while renovating the cellar and first floor so they could be used for retail stores with a combined size of 10,219 square feet. The lower level areas, according to the application, are currently used for a bakery and storage.

A separate application has also been filed to allow for “structural work” in conjunction with the removal of the upper floors, the DOB's website shows. It's unclear whether developers plan to replace or expand the floors.

Cogswell Realty did not immediately respond to requests for comment.

The building was one of four buildings that made up the former Streit’s Matzo factory at 148-154 Rivington St. The family-owned business closed the facility earlier this year after producing its famous matzo in the Lower East Side for 90 years.

Cogswell has not applied for permits at the other buildings, records show.