LO-DOWN

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November 23, 2011, 12:00 pm

Bargain Alert: Houston Street Lots Only $9.5 Million

Two adjacent lots on East Houston Street near Attorney Street have recently gone on the market for $9.5 million, The Lo-Down reports. The lots, at 327-329 East Houston Street, are part of the portfolio of the deceased William Gottleib, who was “legendary for hoarding his estimated $1 billion worth of NYC properties,” according to the blog. Following an inter-family struggle, Mr. Gottleib’s nephew is now selling much of the real estate empire piece by piece.

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