190 Bowery Is Already Back on the Market, Aby Rosen Attempts a Flip

July 15, 2015

EDITOR’S NOTE: An RFR Realty representative reached out to Curbed to say that 190 Bowery is NOT for sale. The listing is not current and will be removed from Cushman & Wakefield’s site.

It seems like the saga of 190 Bowery is never going to be over. As you’ll recall, photographer Jay Maisel turned the former Germania Bank Building into his own private mansion and lived there from 1966 until February of this year, at which time he sold it to developer Aby Rosen of RFR Realty for $55 million. Like we previously said, “Since that time, it’s been all eyes on Rosen. Is he removing or preserving that iconic graffiti? What the heck happened with that ‘public’ art show inside the building?”

And though the Landmarks Preservation Commission approved plans in May for a restoration and conversion to an office building with ground-floor retail, it now seems that Rosen may be getting cold feet. Curbed reports that he’s taking offers for 190 Bowery in what looks like a very high-profile flip attempt.

The listing states:

190 Bowery represents one of the most remarkable conversion opportunities currently available in all of New York City….The open floor plans combined with the property being delivered vacant, offer an unusually large blank canvas for a developer or user to execute a myriad of potential visions, including a boutique residential condominium, a retail flagship, or a truly historic and one-of-a-kind single family residence. Regardless of the strategy, the end result will change the landscape of the Bowery for years to come and will be a project unmatched in the price premiums it obtains.

[Via Curbed]

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Tags: 190 Bowery, Aby Rosen, Flips, Germania Bank Building, Jay Maisel, RFR Realty

Location: Little Italy/Nolita

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