Wells Fargo Goes Full Monty on the Bowery

Posted on: February 14th, 2019 at 5:00 am by

Wells Fargo just fully revealed itself on the Bowery.

Gone is the plywood shed and construction materials from the exterior of 276 Bowery. Here now is the unobstructed view of the latest bank on the Bowery. Not Chase, but a Wells Fargo, the first of its kind for the Lower East Side environs.

Looks like it’ll be up and running sometime this week.

Wells Fargo takes the store vacated by the trendy FitHouse gym last summer (they’re now in NoHo). Build-out has been ongoing for a couple months on this branch.

Its presence here appears totally out of place, but such is Bowery 2.0.

This property is part of the Joseph Betesh portfolio acquired six years ago in a deal valued at $62 million. At least one of his other buildings on the thoroughfare also has a bank in the ground floor – Bank of America at 88 Bowery (Hester).

Recent Stories

East Broadway Subway Station Turns 85

The East Broadway subway station wasn’t always a shady dungeon attracting crime. Once upon a time, the transit stop inspired celebrations across the Lower East Side. It was exactly eighty-five years ago – January 1, 1936 – that the East Broadway subway station debuted to the public. The feat of subterranean engineering, then known as […]

Looking at the New Ludlow House Annex Atop Demolished Libation Site

Well, that was quick. With Libation excised from the Lower East Side, the hole is now filled. Taken over by Ludlow House. The building at 137 Ludlow Street was demolished last year, and replaced in a matter of months. In fact, it’s already operational. The architecture of this one-story newcomer mirrors design elements of its […]

Stringer Promises ‘Fair Share’ of PPP for City Businesses

City Comptroller (and mayoral candidate) Scott Stringer held a press conference yesterday at the Chinatown kiosk on Canal Street, announcing a plan to funnel federal Payroll Protection (PPP) dollars to New York city businesses. It certainly triggered an uncomfortable memory of last year’s PPP fiasco. The first round of PPP went into effect just a […]

‘Open Streets’ Town Hall Yields More Questions than Answers

Tuesday night’s Town Hall on Open Restaurants and Open Streets, hosted by Community Boards 3 and 6 – left residents with more questions than answers regarding the long-term impact these pandemic-era health and economic neighborhood solutions have on a post-COVID city. However, the online meetup did bring a wide scope of information in terms of […]

Unused Half of Bowery’s Sunshine Hotel Flophouse Available to Rent

The leasing banner has been strung from the facade of 241 Bowery for more than two years. Without much success. The second and third floors (combined 8,938 square-feet) – once part of the Sunshine Hotel flophouse – are again on the market. And at a hefty price: $6,495 for a “raw” space that requires renovations […]