new development at 347 Bowery - Rava Realty

new development at 347 Bowery

Posted by:

Manhattan-based developer Urban Muse is planning a 13-story mixed-use residential project at 347 Bowery in Lower East Side, the latest development in the works along the busy, rapidly changing street. The landlord filed permits to demolish the former Salvation Army shelter building at the site near Great Jones Street roughly six months after acquiring it from the Paris-based Louzon Hotel Group for $7.6 million, as previously reported. The 30,000-square-foot development would include five three-bedroom units between 2,100 and 4,000 square feet; one 6,800-square-foot retail unit; and two 2,000-square-foot commercial units. Whether they would be rentals or condominiums is unknown.

0