139 Bowery Holdings LLC acquired a failed condominium property located at 139 Bowery in Manhattan in a transaction valued at approximately $36 million. The acquisition positions the purchaser to redevelop or reposition a high-profile asset in one of New York City’s most dynamic commercial corridors, reflecting continued investment activity in distressed and value-add real estate opportunities.
Lucosky Brookman LLP represented 139 Bowery Holdings LLC in connection with the acquisition and closing of the transaction.