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Acadia snaps up 210 Bowery

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Acadia Realty Trust, a developer of the City Point development in Downtown Brooklyn, has closed on a $7.5 million purchase of 210 Bowery, the New York Post reported. The deal sets a record for the street when broken down into its price-per-square-foot component: $815. Unnamed sources said that Acadia, a real estate investment trust, is also eyeing the adjacent four-story property of 212 Bowery. That property is owned by the Markell restaurant equipment company. Acadia’s executive [more]

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