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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)](https://static.therealdeal.com/wp-content/uploads/2020/02/1200_Bleecker-Street-building-nets-80-percent-profit-in-six-years-v3.jpg)
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.
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
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