Caspi Development

East Village Noodle Bar Owner Opening ‘Tang Hotpot’ at 135 Bowery

Posted April 4, 2017 at 5:10 am

The saga of 135 Bowery is entering its next chapter. Already established as a tech incubator of sorts in the year-and-change since Caspi Development took control, the ground level of this former flashpoint property had remained bereft of permanent occupancy. Aside from a handful of pop-up establishments (e.g. Nike), it remained largely dormant with perennial […]

Filed Under

Streets

Mark Fisher Fitness ‘Ninja Clubhouse’ Muscles Onto the Bowery

Posted November 21, 2016 at 5:17 am

The tech incubator otherwise known as 161 Bowery welcomes a new gym to its ranks today. A “ninja clubhouse” hailing from Hell’s Kitchen called Mark Fisher Fitness. The six-year-old gym first announced itself back in August with a teaser poster in the windows. Today’s official public launch is roughly two months behind schedule. Mark Fisher […]

Filed Under

Streets

Mark Fisher Fitness Opening ‘Ninja’ Clubhouse at 161 Bowery

Posted August 5, 2016 at 5:08 am

The burgeoning Bowery incubator will soon welcome a quirky new gym. As previously reported, Caspi Development is single-handedly seeking to create a Bowery tech sector with 135 and 161 Bowery. Both properties were converted into luxury offices for start-up tenants like Kik Interactive. Now the latter property is adding a boutique gym to its ranks. A […]

Filed Under

Streets

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

Posted July 8, 2016 at 5:10 am

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 […]

Filed Under

Streets

Street Artist FAUST Gets Big Ups with Bowery Tag

Posted March 14, 2016 at 5:12 am

The real estate firm that brought Shepard Fairey to the heights of Bowery in 2014 (“The future is ours”) is going big again. Caspi Development just commissioned street artist FAUST to add a touch of cursive to another of its properties. Just a block to the south. Last Friday, in his signature script, FAUST scrawled the […]

Filed Under

Art

Streets

Marolda Properties Unloads 3 Forsyth Street Tenements for $24.4M

Posted December 4, 2015 at 5:17 am

​Thus continues the gentrification of vital Lower East Side parkspace. Notorious local landowners Marolda Properties – currently under investigation for illicit forced removal of rent regulated tenants – just unloaded a string of pre-war tenements lining the eastern perimeter of Sara D. Roosevelt Park. The transaction netted $24.4 million, more than twice what they paid […]

Filed Under

These Investors Hope to Transform the Bowery into a New Tech Sector; Nike Adds Holiday Pop-Up Shop There

Posted November 12, 2015 at 5:18 am

​Catching up on some news from a few weeks ago. Flashpoint Chinatown property, 135 Bowery, finally changed hands last month after more than three years on the market. The brick property, located just north of Grand Street, was previously home to a wood-framed, Federal-style row house dating to 1818. Unfortunately, the structure was leveled in 2011, […]

Filed Under

Streets