135 Bowery Replacement Building Finally Moves Forward with Construction

Posted on: December 6th, 2013 at 6:00 am by

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The new 135 Bowery built on the ashes of Federal row house

It’s aliiiiiiive!

After a seasons-long holding pattern, 135 Bowery is officially returning to the ranks of the living, albeit as a modern development. New scaffolding is in place. Also, contractors are currently assembling the Erector Set steel beams for the four-story tumor that will sprout from the destroyed remains of the former Federal-style row house.

Until its dismantling in late 2011, 135 Bowery was considered the oldest surviving structure on the Bowery, dating back to 1817. Circumstances surrounding its demise – an approved landmark status overturned with the help of Margaret Chin – remains a bitter aftertaste two years later. City Council argued that the “dire” condition of the building couldn’t be salvaged, and that a new commercial construction would allegedly aid Chinatown’s economic recovery.

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The owner, Chinese-based First American International Bank, had purchased the historic property in 2007 and planned to bang out an eight-story commercial structure with “affordable” office space. The property briefly flirted with the open market, touting a price tag of $8.5 million, but disappeared just as quickly.

The architect working the project is Raymond Chan.

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Source: Massey Knakal

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