Construction Resumes at 139 Bowery, Awaiting 14-Story Payload
There is finally construction activity to report at the 139-141 Bowery development site. The spot has been largely dormant ever since the double-wide walk-ups were summarily razed three years ago.
With the area now buzzing, the march toward a fourteen-story future continues.
Plans to redevelop the properties, in one form or another, date back to at least fall 2013, according to Department of Buildings records. Five years later, current owner-developer Global Joint Venture filed revised paperwork to construct this fourteen-story mixed-use building – with podium setback on level six – carrying nineteen residential units spread across 21,168 square-feet. Also included in the approved project are roof terraces for tenants, a potential ambulatory health care center, bike room, gym, commercial office space, and ground-floor retail.
Yet, despite these plans, ownership placed the property on the market earlier this year for $26 million. It did not sell.