21.10.11
Hope For a Long Empty Site
The long empty site on 13th street between 2nd and 3rd has finally found a seller.  The Milstein family is letting the three lot assemblage go for $33.2M or a little under $1500/SF unbuilt.  Quick money would have this site going multifamily rental with mixed retail to take advantage of the never ending need for apartments in the area.  A longer term play could be a hotel to put up mom & dad when they come to visit NYU.  Either way, the location all but guarantees a success.  Click through below to the Real Deal for more info:
Story Link

Labels:

0 Comments:

Post a Comment