Over the past few months, Aby Rosen has been gaining a lot of attention because of his planned development in one of New York's buildings. According to New York Curbed's sources, the real estate tycoon is taking offers for 190 Bowery. The listing details do not specify the how the spaces in the building are going to be used.
The building was originally built in 1898 and became one of the most iconic buildings in Downtown Manhattan. It was designated a landmark in 2005 and includes stunning architectural details. This is reportedly the first time the property has been available for purchase in almost 50 years.
The six-story building has ceiling heights ranging between 12 to 19 feet on each floor. It also features significant footage on the northwest corner of Spring Street and Bowery. The building's most distinctive feature is considered to be the chamfered corner at the intersection of the two streets wherein the entryway is also located. The oversized windows invite natural light during the day.
The property is said to be delivered vacant and has open floor plans. It also offers large black canvass so that the developer or future user can execute countless ways to design the place. The building can be used as a residential condominium for office spaces of retail flagship or a luxurious family space.
Aby Rosen is a German-born real estate mogul who is currently based in New York. He is also the co-founder of RFR Holding which owns over 71 properties in different cities like New York, Las Vegas, Miami and Tel Aviv. These famous properties include the Seagram Building, W South Beach, Gramercy Park Hotel, Paramount Hotel, and Miracle Mile Shops at Planet Hollywood Resort & Casino.
Rosen is also a member of a founding investor and the landlord of the highly exclusive Core Club in New York City. According to New York Mag, Rosen and his partners in RFR combined net worth in excess of $400 million and a combined liquidity of $15 million as of September 2014.