Quirky 257 Bowery gallery building up for sale | Business

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Quirky 257 Bowery gallery building up for sale – Business News

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The quirky former gallery building at 257 Bowery is for sale for the primary time because it opened in 2010. The nine-story construction designed by Foster + Partners was home to the defunct Sperone Westwater gallery.

The vacant jewel-box property between Stanton and Houston streets has about 20,000 sq. toes, based on CBRE govt vice-president Dan Kaplan.

The nine-story construction at 257 Bowery was home to the defunct Sperone Westwater gallery. Universal Images Group by way of Getty Images

“It’s the only boutique-scale building designed by Norman Foster in the city,” Kaplan stated. He estimated the property would fetch “north of $30 million.”

The 20,000 sq. foot building at 257 Bowery is for sale for the primary time because it opened in 2010. Universal Images Group by way of Getty Images

A novel facet is an elevator that “effectively acts as a moving floor for some events,” he stated.
“This is like selling a piece of art. It could be gallery, a small museum, or for a family office” amongst different makes use of, Kaplan stated.

“This is like selling a piece of art. It could be gallery, a small museum, or for a family office” amongst different makes use of, Kaplan stated.

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