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This image has been archived or removed.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This image has been archived or removed.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This image has been archived or removed.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

Bird Watching on the Lower East Side this Weekend

Binoculars at the ready! This weekend, the Urban Park Rangers from the Department of Parks and Recreation are hosting a birding session on the Lower East Side. The Rangers will guide enthusiasts of all levels to the best spots in the neighborhood, and the city at large, to catch fall migratory birds in action. Bring […]

Bank of America Plants itself Beside Destroyed Sunshine Cinema

With a commercial office building rising on the ashes of the Sunshine Cinema, it’s no wonder that a retail bank is moving in next door. Bank of America is planting itself in the long-fallow shop at the southwest corner of East Houston and Eldridge Streets. Work permits on file with the Department of Buildings give […]

Essex Market Shut Down for Private Maker’s Mark Event, Leaving Locals Confused [Updated]

The following guest post was written by Joshua Cohen, a Lower East Side resident and patron of Essex Market. I think the Essex Market, generally speaking, has been a great model for public-private partnerships. But last night, the Market hosted a private event for Maker’s Mark whiskey, where the local community’s interested were certainly not […]

T-Mobile is Closing its Delancey Street Store

Lots of retail turnover on Delancey Street this month. Earlier this week, we broke news of Rainbow’s imminent departure from the thoroughfare after more than a decade in the neighborhood. Today, it’s the loss of another corporate footprint. Though, one with arguably less utility. The eleven-year-old T-Mobile outpost, essentially an advertising expense for the wireless […]

Speed Cameras Installed on Pike Street

As part of the city’s push to capitalize on pedal-heavy motorists, new speed zones and cameras are proliferating. The latest in the neighborhood is outside Rutgers Houses on Pike Street. The camera box installation appeared within the last couple weeks, affixed to a lamppost between Cherry and Madison Streets. As with other locations, when the […]