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	<title>190 Bowery Archives - Haute Residence by Haute Living</title>
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		<title>Man Sells $102,000 NYC Apartment For $52 Million 42 Years Later</title>
		<link>https://dev.hauteresidence.com/man-sells-102000-nyc-apartment-190-bowery-52-million-42-years-later/</link>
		
		<dc:creator><![CDATA[Eric Jackson]]></dc:creator>
		<pubDate>Wed, 11 Feb 2015 22:30:12 +0000</pubDate>
				<category><![CDATA[HLRN]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[190 Bowery]]></category>
		<category><![CDATA[Cushman & Wakefield]]></category>
		<category><![CDATA[Germania Bank Building]]></category>
		<category><![CDATA[New York City]]></category>
		<category><![CDATA[Real Estate Investment]]></category>
		<guid isPermaLink="false">http://dev.hauteresidence.com/?p=1524012</guid>

					<description><![CDATA[<p>In one of the greatest real estate investment returns in New York City history, Jay Maisel sells his residence at 190 Bowery to developer Aby Rosen.</p>
<p>The post <a rel="nofollow" href="https://dev.hauteresidence.com/man-sells-102000-nyc-apartment-190-bowery-52-million-42-years-later/">Man Sells $102,000 NYC Apartment For $52 Million 42 Years Later</a> appeared first on <a rel="nofollow" href="https://dev.hauteresidence.com">Haute Residence by Haute Living</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In one of the <a href="http://nymag.com/realestate/vu/2008/09/50481/" target="_blank">greatest real estate investment returns</a> in New York City history, photographer <strong><a href="http://www.jaymaisel.com/" target="_blank">Jay Maisel</a> </strong>sold his residence at 190 Bowery to developer <strong>Aby Rosen</strong>.</p>
<p>The kicker? Maisel bought the nondescript six-story building and converted it into a home for his family 42 years ago for a comparatively paltry $102,000.</p>
<p><a href="http://dev.hauteresidence.com/wp-content/uploads/2015/02/bowery1.jpg" rel="attachment wp-att-1524102"><img class="wp-image-1524102 aligncenter" src="http://dev.hauteresidence.com/wp-content/uploads/2015/02/bowery1.jpg" alt="190 Bowery" width="752" height="460" srcset="https://dev.hauteresidence.com/wp-content/uploads/2015/02/bowery1.jpg 650w, https://dev.hauteresidence.com/wp-content/uploads/2015/02/bowery1-300x183.jpg 300w" sizes="(max-width: 752px) 100vw, 752px" /></a></p>
<p>The historic Germania Bank Building, famously covered in an outer layer of graffiti, is already up for sale by Cushman &amp; Wakefield and comes in at about 6,260 square feet a floor with both a basement and roof terrace. The first two floors feature an 18-foot ceiling height (ideal for retail, <a href="http://www.rfr.com/propertymanagement/new-york/562" target="_blank">RFR notes</a>) and the rest have 11-foot ceilings.</p>
<p><a href="http://dev.hauteresidence.com/wp-content/uploads/2015/02/bowery2.jpg" rel="attachment wp-att-1524103"><img loading="lazy" class="wp-image-1524103 aligncenter" src="http://dev.hauteresidence.com/wp-content/uploads/2015/02/bowery2.jpg" alt="190 Bowery" width="752" height="460" srcset="https://dev.hauteresidence.com/wp-content/uploads/2015/02/bowery2.jpg 650w, https://dev.hauteresidence.com/wp-content/uploads/2015/02/bowery2-300x183.jpg 300w" sizes="(max-width: 752px) 100vw, 752px" /></a></p>
<p>While the inside gives off a <a href="http://nymag.com/realestate/vu/2008/09/50481/" target="_blank">"very artists live here"</a> vibe, the 1898 building still holds a few relics from its days as a bank—including the original vault in the basement.</p>
<p><a href="http://dev.hauteresidence.com/wp-content/uploads/2015/02/bowery4.jpg" rel="attachment wp-att-1524109"><img loading="lazy" class="size-rtp-featured-large wp-image-1524109 aligncenter" src="http://dev.hauteresidence.com/wp-content/uploads/2015/02/bowery4-441x468.jpg" alt="bowery4" width="441" height="468" /></a></p>
<p>Take a tour through the residence to check out all of its quirky features:</p>
<p><iframe loading="lazy" src="//player.vimeo.com/video/115812277?color=b80000&amp;title=0&amp;byline=0&amp;portrait=0" width="699" height="393" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p><em><a href="http://vimeo.com/115812277">190 Bowery</a> from <a href="http://vimeo.com/digitaldestinations">Digital Destinations</a> on <a href="https://vimeo.com">Vimeo</a></em></p>
<p>The post <a rel="nofollow" href="https://dev.hauteresidence.com/man-sells-102000-nyc-apartment-190-bowery-52-million-42-years-later/">Man Sells $102,000 NYC Apartment For $52 Million 42 Years Later</a> appeared first on <a rel="nofollow" href="https://dev.hauteresidence.com">Haute Residence by Haute Living</a>.</p>
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