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New York & Tri-State  + Downtown New York  |  February 15, 2019
Paul Bubny
By: Paul Bubny

CushWake Markets Bowery Development Site

Cushman & Wakefield is marketing for sale a 50-foot wide development site at 139-141 Bowery in Lower Manhattan. Asking price for the site was not disclosed; air rights and easement from 143 Bowery are included.

The firm’s Michael DeCheser, Mei Ling Wong, Andrew Berry and Bryan Hurley will lead marketing efforts on behalf of the property’s seller.

“139-141 Bowery provides investors and developers a rare opportunity to build and own along one of the most sought-after corridors in New York City, the Bowery,” said DeCheser. “It has evolved into a 24/7/365 destination for living, working, shopping and playing.”

The site can accommodate up to 41,000 buildable square feet under existing zoning. There is an approved plan in place for a 14-story mixed use building containing retail space on the ground floor and mezzanine level; offices and community facility space on floors 2-6; and residential apartments on floors 7-14.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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  • ◦Development
  • ◦Sale/Acquisition