Real Estate
Bowery Savings Bank Heads to Auction in Unconventional Real Estate Arrangement
The 32,000-square-foot Stanford White masterpiece at 130 Bowery could fetch upward of $50 million.
Photographer: Michael Weinstein/MW Studio
For the first time in almost two decades, the 32,000-square-foot former headquarters of the Bowery Savings Bank goes on sale today, Feb. 11.
It’s a true landmark on New York’s Lower East Side. The building has been listed on the National Register of Historic Places since 1980 as emblematic of the work of Stanford White, the swashbuckling Gilded Age starchitect whose racy life (and scandalous murder) was recounted in the recent best-seller,The Girl on the Velvet Swing.