Tuesday, March 17, 2009

The Bowery, Mini-Condo Edition

I had a couple lingering photos from my tour of the renewed Bowery last week and wanted to share pics from down at Bond and Bleecker. First up is 57 Bond Street a modern six story, 32,000 square foot building designed by Meltzer/Mandl Architects. The building is sold out and looks like the closing prices were north of $1600 per square foot. Kenneth Horn, our friend from Alchemy Properties, had a piece of the deal, but sold out before completion. Either way, it is an interesting building, very clean, unusual, yet fitting with the new Bowery.

Second is 316 Bowery, known as Bowery and Bleecker Lofts. Kaish and Taub undertook a major restoration of the landmark former hotel, built in 1866, and it looks great. It is nice to see something of the old Bowery actually preserved. Above the future restaurant and lounge on the ground floor are 3 full floor lofts, priced in the $1600's per square foot. I'm not sure when they went up for sale, but all 3 are listed as available on Elliman's website.

One thing is for sure, the Bowery has become the antithesis of what has long been know for. The only drunken bums you'll see around here today are those who are over-celebrating St. Patty's Day.

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