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Yes, this reminds me of 190 Bowery, a building in NYC that some photographer bought for $102k back in the 70s. He finally caved in though selling it for $55m in

by d--b 4y ago

Yes, this reminds me of 190 Bowery, a building in NYC that some photographer bought for $102k back in the 70s. He finally caved in though selling it for $55m in 2014. https://ny.curbed.com/2019/7/31/20732103/jay-myself-documentary-maisel-stephen-wilkes-190-bowery-the-bank https://ny.curbed.com/2019/7/31/20732103/jay-myself-document...

paulgb 4y ago
The building was in the news again last week because it was leased as a sort of “WeWork for crypto” and had to shut down given the market downturn. https://www.coindesk.com/web3/2023/01/03/web3-co-working-hub-empiredao-closes-amid-bear-market-woes/?outputType=amp https://www.coindesk.com/web3/2023/01/03/web3-co-working-hub...
nla 4y ago
Jay Maisel was the buyer. The story behind it is phenomenal. I highly recommend the documentary, "Jay Myself". https://vimeo.com/ondemand/jaymyself https://vimeo.com/ondemand/jaymyself I did Jay's workshop back in the 90's. He completely changed the way I look at photography and I was an assistant to Ansel Adams primary printer.
the_reader 4y ago
According to wikipedia, maintenance cost was $300k per year. Quite a feat, owning it for so many years.
Dragonai 4y ago
This is incredible. Thanks so much for sharing!
gffrd 4y ago
Wonder who bought it … I worked a block away in 2017-8, when the street-level floors housed retailer Totokaelo (RIP). I'd go window shopping just to be able to explore it a bit. The basement held a giant vault, converted to shoe merchandising duty [1] … an apt commentary in the late aughts (and now, for that matter). [1] https://i1.wp.com/gothamtogo.com/wp-content/uploads/2018/04/bank-vault-at-190-bowery.jpg https://i1.wp.com/gothamtogo.com/wp-content/uploads/2018/04/... via https://gothamtogo.com/germania-bank-building-190-bowery-is-a-pop-up-totokaelo/ https://gothamtogo.com/germania-bank-building-190-bowery-is-...

by d--b 4y ago

paulgb 4y ago

The building was in the news again last week because it was leased as a sort of “WeWork for crypto” and had to shut down given the market downturn. https://www.coindesk.com/web3/2023/01/03/web3-co-working-hub-empiredao-closes-amid-bear-market-woes/?outputType=amp https://www.coindesk.com/web3/2023/01/03/web3-co-working-hub...

nla 4y ago

Jay Maisel was the buyer. The story behind it is phenomenal. I highly recommend the documentary, "Jay Myself". https://vimeo.com/ondemand/jaymyself https://vimeo.com/ondemand/jaymyself I did Jay's workshop back in the 90's. He completely changed the way I look at photography and I was an assistant to Ansel Adams primary printer.

the_reader 4y ago

According to wikipedia, maintenance cost was $300k per year. Quite a feat, owning it for so many years.

Dragonai 4y ago

This is incredible. Thanks so much for sharing!

gffrd 4y ago

Wonder who bought it … I worked a block away in 2017-8, when the street-level floors housed retailer Totokaelo (RIP). I'd go window shopping just to be able to explore it a bit. The basement held a giant vault, converted to shoe merchandising duty [1] … an apt commentary in the late aughts (and now, for that matter). [1] https://i1.wp.com/gothamtogo.com/wp-content/uploads/2018/04/bank-vault-at-190-bowery.jpg https://i1.wp.com/gothamtogo.com/wp-content/uploads/2018/04/... via https://gothamtogo.com/germania-bank-building-190-bowery-is-a-pop-up-totokaelo/ https://gothamtogo.com/germania-bank-building-190-bowery-is-...