[Via Wikipedia Commons]
Photographer Jay Maisel bought 190 Bowery in 1966 for $102,000. He recently sold it for a reported $55 million.
Developer Aby Rosen, the current owner, is apparently marketing the building for a retail-condo combo.
Meanwhile, for a glimpse of what the building is like now inside (and on the roof), we spotted this video yesterday at the Popular Photography website.
You don't see everything in the six-story, 72-room, 35,000-square-foot building… but you get the idea…
190 Bowery from Digital Destinations on Vimeo.
A Curbed tipster spotted movers carting out furniture and what not from the building at Spring Street last week.
In 2008, New York had what was believed to be the media's one and only inside look at the place.
Maisel lived in part of the the 1898 Germania Bank building with his wife and daughter.
That would make a great hotel.
ReplyDeleteIt would make an even better museum, and ya wouldn't need to move much of anything. It will be sad if it all goes retail. I know it doesn't happen often, but the interior should be landmarked. ICP really blew it by moving to 250 Bowery instead of this place.
ReplyDeletebowbnoy, You're right, a museum would be better.
ReplyDeleteHow about, The Museum of Misspent Youth?
Please! Please please please can I just live in a corner of here???
ReplyDelete100k in 1966 is ~700k considering inflation.
ReplyDeletewhat would 700k get you in a 1966-bowery-esque neighborhood today?
is there a 1966-bowery-esque neighborhood this side of detroit?
They should move the Bowery Mission there. Perfect spot.
ReplyDeleteThat interior is spectacular. I agree, too bad ICP isn't moving in.
ReplyDeleteIsn't that SoHo (or Bowery)? I think Noho is a typo.
ReplyDeletehttp://www.rfr.com/propertymanagement/new-york/562
"Architecturally significant Limestone Landmark Building Located in the Coveted Noho Neighborhood."
I live nearby. I'm glad this won't be demolished, its a really beautiful building albeit the graffiti. Can't wait to see what the apartments look like. Recycling at its best.
ReplyDeleteSadly, that "birdcage" elevator will have to go.
ReplyDeleteSo gorgeous. But good grief was that porn muzak irritating. Will be a tragedy if it gets all drywalled into "sleekness".
ReplyDeleteThe $120,000 purchase price FIFTY years ago with inflation is about $1 million today, plus he paid 50 years worth of NYC property taxes on this building, which if you go by the tens of thousands of dollars a year they charge an old 1890s era 6 story walkup tenement- this building's taxes are going to be around half a million bucks a year, pluis insurance, maintenance and utilities like HEAT and electric!
ReplyDeleteEven at $55 million he lost money
According to the NYC dept of buildings, the "estimated market value" of this building is $2,950,000, and the annual property tax on that is $130,902
ReplyDelete