139 Bowery Completes Construction on Manhattan’s Lower East Side

Photo by Michael Young

Construction is complete on 139 Bowery, a 14-story mixed-use building in the Bowery section of Manhattan’s Lower East Side. Designed by Raymond Chan Architects and developed by Hung Kwong Leung through the Global Joint Venture, Inc., the structure spans nearly 59,000 square feet and yields 18 condominium units, as well as 14 office units and ground-floor retail space. The project is located on a relatively narrow plot between Broome and Grand Streets, across from the historic Bowery Savings Bank building.

Finishing touches concluded since our last update in mid-September, when the ground floor remained tucked behind double-height sidewalk scaffolding. In the intervening months, all construction equipment and barriers were removed, revealing the completed look of the main entrance at the northern corner and the retail frontage, which is split into two spaces.

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

Photo by Michael Young

The interior lot was once occupied by two walk-up structures with ground-floor lighting stores. Demolition began on both buildings in 2017, but the property sat vacant for the next several years until Hung Kwong Leung secured a $32 million loan from Emerald Creek Capital in 2019 to construct the project. The developer is projecting a sellout of $59 million.

Residential amenities at 139 Bowery include a bike storage room, a fitness center, and two outdoor roof terraces.

The nearest subways from the property are the J and Z trains at the Bowery station to the north and the B and D trains at the Grand Street station to the southeast.

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6 Comments on "139 Bowery Completes Construction on Manhattan’s Lower East Side"

  1. David : Sent From Heaven. | June 10, 2024 at 9:35 am | Reply

    The beautiful color is different from that of adjacent buildings, I can’t see the balcony therefore it is unlikely to be a residential building: Thanks.

  2. Water towers on top . That sucks.

  3. David in Bushwick | June 10, 2024 at 1:01 pm | Reply

    Fits into the neighborhood, love the water towers.

  4. Just had a private showing for the residential units, consists of 1 and 2 bedrooms. What stood out from other resi buildings was the impeccable skyline views of Financial District and Midtown. Definitely worth taking a look at if you’re in the market and want views of the city

  5. I live down the block and the build looks extremely sleek on the Bowery. Especially excited to see what type of new businesses land in the retail commercial office floors.

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