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A blog from CityRealty (Links below will take you to the 6sqft site)
 
 

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Allen-Street-Hotel-03 Exterior rendering of upcoming Allen Street Hotel (via Winick)
Last month, the popular LES blog, Bowery Boogie reported that the long-stalled Allen Street Hotel has resumed construction. Boogie says work had been stalled since February 2011 but now crews are working full steam to prepare for a Spring 2018 launch.

The venture is now being developed by Morry Kalimian's Elk Investors who purchased the property for $30.75M with real estate tycoon Morris Moinian. Updated filings show that 16-floor hotel will have 98 rooms and several eating and drinking establishments including a rooftop bar. New renderings posted on the site of retail leasing brokerage, Winick, show the tower will maintain a similar design to the initial proposal but will be clad with darker-colored glass and have no balconies.
Allen-Hotel Entry (rendering via Bowery Boogie)
Conceptual renderings via Winick
Roof deck
The hotel will have wings on three streets and has the alternate addresses of 139 Orchard Street and 77-79 Rivington Street. Winick is seeking a tenant for a through-block restaurant and bar off the hotel lobby. That tenant will also run the 16th-floor rooftop bar and lounge will have far-reaching views over the Lower East Side. A second establishment is envisioned along the building’s low-rise wing that touches Orchard Street.
140-Allen-Street-03 Construction progress as of early October
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