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Old February 19th, 2015, 03:46 PM   #1
LondoniumLex
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NEW YORK | 100m+ | 300ft+ | ? fl | 823 11th Ave | Pro

Good news!

http://therealdeal.com/blog/2015/02/...lding-for-55m/

Last edited by desertpunk; March 4th, 2015 at 06:20 AM.
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Old February 19th, 2015, 10:20 PM   #2
Vertical_Gotham
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Nice.


Quote:
Former mayoral candidate and grocery store magnate John Catsimatidis is selling Gristedes’ corporate headquarters to development company Sumaida + Khurana for $55 million.

The six-story office building on the corner of 56th Street at 823 Eleventh Avenue, which also houses a Lexus showroom, is zoned for a hotel or condo tower that could be as much as 128,400 square feet, according to the New York Daily News. HFF’s Eric Anton was the broker on the transaction, the newspaper reported.

Catsimatidis is expected to move his grocery store’s corporate offices to 1790 Broadway, which he also owns, the newspaper reported.
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Old March 4th, 2015, 04:08 AM   #3
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