With Several Startups on Board, 135 Bowery Becomes a Tech Incubator

Posted on: July 8th, 2016 at 5:10 am by
This image has been archived or removed.

Can it be? Yup, looks like the troubled 135 Bowery finally has its first tenant. In a further boost to the burgeoning startup scene on the block, another tech newcomer called Breather just moved into the fifth floor.

The choice location – 135 Bowery – was previously home to a wood-framed, Federal-style row house dating to 1818. Unfortunately, the de-landmarked structure was leveled in 2011 (thanks are in order for Margaret Chin), leading to construction of the seven-story office building now on the block. Developer First International Bank initially intended to use much of the space for its offices, but unsurprisingly backed out and sold out. Caspi Development acquired the rebuilt property for $16.2 million last October, and is betting big that this nook of the Bowery becomes a high-tech sibling of Astor Place (it’s not fuckin’ Midtown South).

This image has been archived or removed.

Breather operates a “network of beautifully designed, multifunctional workspaces” throughout the city. These breather rooms, if you will, are essentially whitebox spaces for super-short-term rentals. Their literature explains how customers typically use the service. But we can’t help but think that some afternoon delight might happen, too. Cost seems to be upwards of $30 per hour, depending on location. 135 Bowery is not yet added to their map, though.

But Breather won’t be alone at 135 Bowery. We’re told that Caspi already has several other companies signed on, including RTS Ventures, Yesh Media, ATTN:, and Liquid Talent.

Caspi also owns 161 Bowery up the block, converted into luxury offices for start-up tenants like Kik Interactive.

This image has been archived or removed.

Recent Stories

It’s Enough with the Film Crews in Chinatown [OP-ED]

For Chinatown, it’s a perfect storm. At a time when area businesses are reeling from the “Double-Whammy” of closed streets (due to the fire at 70 Mulberry) and tourists avoiding the area fearing Coronavirus, film productions are also taking away curbside parking. More than four blocks’ worth last Friday. Chinatown stores have long suffered a […]

‘Bulletin Broads’ Feminist Boutique Quits Prince Street

Update your bulletin board. The Bulletin Broads are through with Prince Street. The Brooklyn-based store and feminist collective lasted about three years at 27 Prince before its recent shutter. A poster taped to the window bids farewell to the neighborhood and spins the news. “Peace out, Nolita, it’s been real,” it reads. And also, that […]

An Apparent ‘Chen Wong’ Imposter is Taking Orders on Seamless

Looks like an imposter might be in the mix. Concerned readers noticed that Chen Wong, the Chinese restaurant on Madison Street that folded at the end of the year, appears to be taking orders on Seamless. It still states the same address, boasts a robust menu that apparently includes items not on the original, and […]

Rehab Begins for Fire-Ravaged School Building in Chinatown

In the wake of the devastating fire at the old Public School 23 building in Chinatown, the cleanup and rehab is full throttle. City contractors starting assembling scaffolding at the scorched 70 Mulberry Street earlier this week. The web of bars is making its way up the whole structure ahead of imminent debris removal. Meanwhile, […]

‘Bel Fries’ Nears Opening on Ludlow Street

The plywood is deposed, revealing the second fast-fry joint for Hell Square. Indeed, it took eighteen months, and several different murals on its shed, but Bel Fries is pretty much ready to go at 132 Ludlow Street. When we first broke word of its arrival in September 2018, we had been told it was called […]