190 Bowery Scores ‘Jumbo Pop-Up’ Tenant with Totokaelo Emporium

Posted on: July 25th, 2017 at 8:34 am by

The Germania Bank Building on the Bowery finally scored a ground-floor retail occupant, albeit on a temporary basis.

Owner Aby Rosen signed a lease with fashion emporium Totokaelo to take 8,918 square-feet. It won’t be here for long, though, with a stated expiration of March 2018, according to the New York Post.

“I’m optimistic that this short-term agreement will turn into a long-term one,” RFR Retail Executive Vice President Jordan S. Claffey told the paper.

Totokaelo was founded in Seattle in 2008, and peddles designer lines including Acne Studios, Comme des Garçons, Jil Sander, and Proenza Schouler. The brand also has a location nearby at 54 Crosby Street.

Rosen’s RFR Realty purchased the Germania Bank Building from photographer Jay Maisel three years ago for $55 million. Until now, the Great Bowery – a consortium of creative agencies – had been the only commercial occupant in the building.

They’re still seeking a permanent tenant willing to cough up $2 million per year for the retail space.

Recent Stories

New Condos Teased at 15-Story ‘One Essex Crossing’

Each month brings more significant updates for Essex Crossing. On the heels of the International Center of Photography launching its new flagship, the billion-dollar Lower East Side development this week rolled out more info about the CetraRuddy-designed condo tower at 202 Broome Street (aka Site 3). Dubbed One Essex Crossing, the fifteen-story newcomer features 83 […]

Broome Street Gets an Exclusive Nightclub by Omar Hernandez

Where Happy Ending once tormented this Broome Street block, and Better Days was anything but, something uber-upscale is now replacement. Perhaps even too upscale for its own good. By now you’ve probably seen the well-placed hype pieces about the newest nightclub at 302 Broome Street, led by nightlife impresario Omar Hernandez. He converted the space […]

Ten Injured, Including Firefighters, in Massive Mulberry Street Blaze Last Night [Updated]

The three-alarm blaze that engulfed 70 Mulberry Street last night spread quickly, destroying the upper levels of the historic Public School 23. The fire started shortly after 8:45pm on the fourth floor. Firefighters from Ladder 20 and police from the 5th Precinct were the first responders. More than two hundred fire personnel ultimately arrived to […]

3-Alarm Fire Engulfs PS 23 Building on Mulberry Street

Shortly before 9pm this evening, a three-alarm fire was sparked at 70 Mulberry Street (at Bayard). Within minutes, the historic building – erected in the nineteen century as Public School 23 – was in flames. More than one hundred firefighters were called to the scene to battle the blaze which is apparently confined to the […]

The Year of the Rat Scurries In

It’s the Year of the Rat! This week marks the 21st year of New York City’s Lunar New Year celebration, and no doubt the organizers are scurrying around in preparation for a veritable smorgasbord of festivities. As in years past, the festivities will kick off with the explosive Firecracker Ceremony Saturday morning at 11:00am (January 25) […]