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Madonna’s coming back! The Queen of Pop will be touring 179 Ludlow Street on the Lower East Side next week, where she hopes to develop a three-floor kabbalah center. Madonna heard about the space by way of some big-time developer friends in the neighborhood, according to James Famularo of New York Commercial Realty Services.

“Her representative told me that she is friends with some of the hoteliers in the area, like Jason Pomeranc,” Mr. Famularo told The Observer on Tuesday. “Word is, she is really excited about it.”

This is not the only piece of real estate that Madonna has been looking at in the Big Apple. As The Observer recently reported, she hit the Upper East Side in early March to tour four different townhouses.

New Jersey investor Michelangelo Russo owns 179 Ludlow Street. Mr. Russo signed a contract on the six-story building about six months ago, but a conflict that arose between brothers Steven and Peter Salvesen, the former owners, threw the building into auction; then the auction was held and no one showed up. After all the hoopla, Mr. Russo got the building for $5.2 million.

Mr. Russo plans to develop high-end rentals on the residential floors, but no one has spoken for the three retail floors below, totaling 2,400 square feet. According to Mr. Famularo, the monthly rent for the retail space will come in at around $45,000. — Mark Wellborn

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