The 102-year-old E&G Model Shop at 45 Canal Street that sold in 2011 for $2.35 million has been torn down to make way for a single-family townhouse with retail/office space on the ground level, and now some enticing new details emerge: the owner is Rolling Stone founder Jann Wenner's son (not the 22-year-old one who just took over RollingStone.com, the 26-year-old one who was dating Liv Tyler) and the "retail/office space" is actually going to be his home photography studio. [Bowery Boogie; previously]
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