Tang Hotpot

Report: Bowery ‘Tech Incubator’ Buildings Sell for Combined $48.5M

Posted September 6, 2018 at 5:02 am

Remember those much-publicized “tech incubator” buildings on the Bowery? They just changed hands. Located within a block of each other, both buildings – 135 Bowery and 161 Bowery – just sold to Marx Realty for a combined $48.5 million. The sale follows more than a year after former owner Caspi Development began peddling the properties […]

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‘Tang Hotpot’ Soft Opens on the Bowery

Posted November 28, 2017 at 5:07 am

The so-called tech incubator of 135 Bowery just sprouted its first restaurant. Tang Hotpot, under construction since last spring, is finally ready for consumption. It soft opened for business last night. “The flavor and ingredients over [in Chengdu] have never been seen in New York,” owner Yu Li told Grub St. “I don’t see any […]

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‘Tang Hotpot’ Unveiled on the Bowery, Opening Soon

Posted October 16, 2017 at 5:08 am

After six months of construction, the final pieces are falling into place for Tang Hotpot. The new Szechuan restaurant at 135 Bowery recently dispensed with the sidewalk shed to reveal its unique exterior, complete with decorative door, teaser signage, and fishbowl window. Tang Hotpot is a loose spinoff of The Tang in the East Village […]

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Caspi Development Looks to Flip 135 Bowery for $25M

Posted July 13, 2017 at 5:00 am

It’s quite sad that 135 Bowery has gone from historic Federal-style row house to little more than another Lower East Side speculative property. Its current owner of roughly two years – Caspi Development – is now looking to unload the property for $25 million. If the price is right, that’s a $9 million profit. Cushman & […]

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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 […]

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