Real Estate
Quirky 257 Bowery gallery building up for sale
The quirky former gallery building at 257 Bowery is for sale for the first time since it opened in 2010. The nine-story structure designed by Foster + Partners was home to the defunct Sperone Westwater gallery.
The vacant jewel-box property between Stanton and Houston streets has about 20,000 square feet, according to CBRE executive vice-president Dan Kaplan.
“It’s the only boutique-scale building designed by Norman Foster in the city,” Kaplan said. He estimated the property would fetch “north of $30 million.”
A unique aspect is an elevator that “effectively acts as a moving floor for some events,” he said.
“This is like selling a piece of art. It could be gallery, a small museum, or for a family office” among other uses, Kaplan said.
“This is like selling a piece of art. It could be gallery, a small museum, or for a family office” among other uses, Kaplan said.
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