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Happiness in Joyland: Bleecker Street building sells for $36M

EcoRise Development acquires office and apartment building from Joyland Group

159-161 Bleecker Street and Meridian Investment Sales’ David Schechtman and Lipa Lieberman (Credit: Google Maps)
159-161 Bleecker Street and Meridian Investment Sales’ David Schechtman and Lipa Lieberman (Credit: Google Maps)

Joel Wertzberger’s Joyland Group has sold a mixed-use building in Greenwich Village for $36 million.

Joyland sold the eight-story building at 159-161 Bleecker Street to Michael and Cynthia Schlegel’s EcoRise Development, brokers on the sale told The Real Deal.

The roughly 30,000-square-foot building includes four office units and 20 market-rate rental apartments.

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Joyland purchased the building in 2014 for $20 million, property records show.

Meridian Investment Sales’ Lipa Lieberman, Abie Kassin, Brian Gladstone and David Schechtman brokered the deal.

Contact Rich Bockmann at rb@therealdeal.com or 212-673-5081