[Via Wikipedia Commons]
The former Amato Opera is not the only historic building on the Bowery to be heading to the condo after-life.
Those rumors from last month are true: 190 Bowery, the longtime home of photographer Jay Maisel, has been sold, the Times confirms today.
RFR Holdings bought the mysterious, 37,000-square-foot building on the corner of Bowery and Spring Street.
To the Times for quotes from RFR co-founder and principal Aby Rosen ...
“The building is in terrible shape. There’s no heat, Jay lives in just a small area of the building, another winter is coming, and it was time,” said Mr. Rosen, who spent six months cajoling Mr. Maisel into selling the home. “When you own a property for that long, and you are not a real estate professional, it takes a lot of convincing.”
Mr. Rosen, who has yet to close on the purchase and declined to reveal the price, said the building could be converted for retailing at the base with condominiums above, or possibly offices or even an art gallery.
Maisel bough the 1898 Germania Bank building in 1966 for $102,000. He and his family have lived there ever since. The price tag of the building was estimated to be at $50-plus million.