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New York

Storage king tries to flip two properties

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Real estate developer and storage king Adam Gordon is trying to flip two
properties purchased within the last two years. The first is the former Bouwerie Lane Theatre
at 330 Bowery at Bond Street,
listed for $36 million with Corcoran Senior Vice President Robby Browne.
Gordon paid $15 million for it a year and a half ago. Late last month, Browne
also listed Gordon’s 26 West 76th
Street mansion for $25 million. Gordon purchased
it in 2006 for $5.8 million. Gordon says the sales are part of his
“process,” not a fire sale.