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Morning Reads: $20 Million For 77 Bowery, Record Price For 210 Bowery, South Street Seaport Plans

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  • Keystone Equities has bought the East-West Bank Building at 77 Bowery for $20 million. Keystone’s Jonathan Zamir says Chinatown is the new “jewel of Manhattan.” (Real Deal)
  • 210 Bowery, a four story building, sells for $7.5 million, or $815 a square foot (that’s a record on this block).  It appears the new owner Acadia (a big retail management company) is angling to snatch up 212 Bowery, next door (Post).
  • The New Museum’s Bowery art exhibition shows that the institution “has the ability — some would say the mandate — to address its relationship to the past and its location” while the museum’s “gleaming tower devoted to high-end globalized art (is a)… product of gentrification.” (NYT)
  • Rezoning in Chinatown? Some day maybe, but don’t hold your breath (Curbed).
  • After Sandy: the Howard Hughes Corp. is moving forward with plans to redevelop the South Street Seaport (NYT).
  • Looks like La Vie is back in business (EV Grieve).
  • Checking in on Christmas dinner at the Bowery Mission (Fox NY).

 

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