135 - 161 Bowery 135 – 161Bowery, the Lower East Side of Manhattan

NEW YORK CITY—“Crossing Delancey” is a nostalgic cinematic look at the Lower East Side, now undergoing rapid changes.

Marx Realty, a division of Merchants' National Properties, bought two Lower East Side office and retail properties, located at 135 and 161 Bowery St. for $48.5 million. A joint venture of Caspi Development, RWN Real Estate Partners and Artemis Real Estate Partners sold 135 Bowery. The same joint venture with Ultimate Realty sold 161 Bowery.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.