The mysterious, graffiti-covered 37,000-square-foot building at the corner of Bowery and Spring Street is adding another weird (albeit short) chapter to its already strange history, as new owners Aby Rosen and Michael Fuchs have put the building back on the market before their purchase has even hit public records. 190 Bowery was previously owned by photographer Jay Maisel, who bought it for $102,000 way back in 1966, and reportedly had been unable to maintain the building in recent years. According to Rosen there was no heat and Maisel had to get out before winter. If Rosen and Fuchs used that fact to negotiate a lower-than-market-value price, it could explain the quick flip. It was originally reported that the developers would be converting the building to condos, which will probably still happen, just not at their hand.
· RFR Seeks to Flip 190 Bowery [CO]
· 190 Bowery coverage [Curbed]