You already know the Bowery’s flophouses-to-penthouses, rags-to-nouveau-riches story; with new construction projects popping up in the hood, we visit the area’s latest residential and hotel additions, plus an old friend (hint: It’s manly and boxy and associated with Fredrik Eklund).
Address: 169 Bowery
Former life: Collective Hardware, a thoroughly artsy collective with echoes of Andy Warhol’s Factory, used the five-floor structure for party-studio-gallery-music space. The group was kicked out of their digs in 2010, after the landlord claimed that they owed about $1 million in back rent, Bowery Boogie reported.
Developer: Gordon Lau, the aforementioned landlord.
Plans: The five-story building will get two additional stories, for a total 12,254 square feet of residential space and 2,585 square feet of commercial space. The project will have 10 apartments.
Address: 225 Bowery
Former life: 223-225 Bowery was home to Salvation Army Chinatown Corps shelter and community center, which bought the property in 1972. Bowery Boogie first reported that the building would be converted to a “distilled service” or faux hostel run by Ace Hotel.
Developer: Omnia Group is developing the hotel, and the Northwind Group is investing in the project. The two firms purchased the property for more than $30 million; the site went into contract in 2012, and the deal finally closed last month, The Real Deal reported. The transaction took an unusually long time to close because the community center had to find a new location (which they did, in Brooklyn).
Architect of record: Nataliya Donskoy of ND Architecture.
Plans: The ten-story building will be reconfigured into a 178-room hotel, according to the plan exam application filed December 2013. The 57,793-square-foot project will cost an estimated $5 million in renovations, and there will be retail and an eatery on the first floor.
Address: 255 Bowery
Former life: Cannon Co., a restaurant and bar equipment supplier now based at 926 Third Avenue in Greenwood Heights, Brooklyn. Bowery Boogie has photos of the building before construction.
Developer: Shaky Cohen, who acquired the lot for $5.5 million, the New York Observer reported in 2011.
Architect of record: Karl Fischer, who teamed up with Cohen on 263 Bowery several doors down.
Plans: The existing four-story building is getting three additional levels, for a height of 71 feet upon completion, according to the plan exam application filed in 2011. The development will have 3,911 square feet of commercial space on the first and second floors, with four apartments on the upper levels. The top-most residence will be a duplex, and there will be a roof deck.
Address: 250 Bowery
Former life: A labor of love and… labor. The site was acquired by Peter Moore Associates in 2006 for $6.5 million, with plans for an eco-friendly hotel-condo with “geothermal heating, recyclable construction materials and a green roof,” The Real Deal reported. However, the project stalled, and in 2009 Wells Faro filed suit to foreclose on 250 Bowery, alleging that the developer defaulted on more than $40 million in loans.
Developer: VE Equities co-founders Zach Vella and Justin Ehrlich bought the property in 2010 for about $10 million, abracadabra-ing the site into the muscular eight-story project above.
Architect of record: Adjmi and Andreoli.
Plans Reality: The 24-unit development hit the market in 2012, touting panoramic skyline views, roof terraces, double-height living spaces, gas fireplaces and “robust” casement windows that give the facade its distinctive, glassy-grid look. All the condos went into contract last spring.