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Longtime Bowery landlord sells three buildings for $24M

Longtime Bowery landlord sells three buildings for $24M

The family of Bowery landlord David A. Cohen sold a trio of properties in Nolita to investor Ari Zagdanski for $23.5 million, sources involved in the transaction told The Real Deal. The low-lying buildings are home to the kinds of lighting-supply stores that have long characterized the gritty strip, and though the properties come with air rights, Zagdanski said he has no immediate plans to develop the property. Cohen’s adult children oversaw the all-cash sale […]


Source: realdeal

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