Manhattan Building · 1885
The Schumacher
36 Bleecker Street, New York, NY 10012

36 Bleecker Street (The Schumacher)

36 Bleecker Street, New York, NY 10012

At a glance
Year built
1885

The Schumacher is, per Carter Horsley, "one of the city's most spectacular and artistic residential conversions of a mid-rise commercial building" — a 2015 Morris Adjmi conversion of an 1885 Schumacher & Ettlinger Lithography building. Horsley's signature line: "Eat your hearts out, residents of 40 Bond Street."

The structural identity rests on three features. First, the Edward E. Raht Romanesque Revival composition — "corbelled brick layering, ornamental overhangs, radiating lintels, some turrets and the 5th and 6th floors have arched windows." Second, the Morris Adjmi conversion with Higgins Quasebarth preservation — Adjmi found a drawing by Raht of a pediment from a Union Club competition and used it to fashion a replacement. Third, the Ken Smith Workshop landscape — "the Hanging Gardens of Babylon to Manhattan" per developer Stillman, with diagonal evergreen-and-clematis cables, two fountains, and a Jeff Koons sculpture from resident Alberto Mugrabi.

Recent sales

Penthouse B (4-bed duplex, 4,546 sf), Penthouse C (4-bed, 3,527 sf), Mansion 3 (3-level, 4-bed, 4,342 sf) headline. Original sponsor sales 2015-2017 hit $2.5K-$3.5K/sf; secondary market trades sticky given small (21-unit) building and design-collector buyer base.

What to know if you’re buying

The Morris Adjmi conversion architecture is real institutional context.

The 1885 Raht Romanesque Revival original is real architectural-history pedigree.

The Ken Smith Workshop courtyard is structurally distinguishing.

The Christophe Côme lobby commissioned by Cristina Grajales is real institutional art context.

The Alberto Mugrabi Jeff Koons sculpture in the courtyard is real institutional art context.

The 21-unit boutique scale supports operational intimacy and design-collector buyer profile.

The Horsley "eat your hearts out 40 Bond residents" comparative reading anchors competitive positioning.

Comparable buildings

The Roebling Team at The Schumacher

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Corey Cohen · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com


Sources: CityRealty (Carter Horsley review, building 54872); Morris Adjmi Architects; Field Condition (December 2015); Alexei Barrionuevo, NYT, April 14, 2013; NYC Department of Finance recorded transfers.

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Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com