Posted Feb 9, 2014, 2:13 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,900
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Under the current scenario, the bulk of the tower would be hotel/condo. If the other piece of the property is obtained from Sherwood Equities (which would no longer be able to build the massive tower they were planning), there could be some office space added to the development. It's all a matter of just who gets the site, and just what will happen with the rest of it.
Quote:
http://www.crainsnewyork.com/article...TATE/140119991
The Rosenthal family has hired Massey Knakal Realty Services Chairman Bob Knakal and his colleague James Nelson to market a parcel it owns stretching from West 35th to West 34th streets between 10th Avenue and what will be a grand new thoroughfare running through the neighborhood called Hudson Boulevard. That parcel can accommodate as much as 1.2 million square feet of space, including about 200,000 square feet of residential development.
Also, the site sits directly next to another similarly sized piece of land owned by Sherwood Equities, which for years has planned to develop a single super-tower on the two parcels in partnership with the Rosenthals. Now that the Rosenthals are selling, Ryan Nelson (no relation to James), a senior vice president at Sherwood Equities who manages the company's acquisitions and sales, said it, too, will consider selling its parcel to either the buyer of the Rosenthal land or another purchaser.
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