Posted Jan 23, 2025, 6:13 PM
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Closeted Normie
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Join Date: Feb 2006
Location: on the artistic spectrum
Posts: 12,857
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Quote:
Originally Posted by ChiND
Hopefully, whoever acquires title (assuming that the foreclosure is successful) will continue the redevelopment. A very high-end hotel and condo would do very well here.
In any event, the foreclosure is, presumably, why demo has been in abeyance.
https://commercialobserver.com/2024/12/cohen-brothers-foreclosure-3-east-54th-street-debt/
Finance ยท Distress New York City
Cohen Brothers Facing Foreclosure at 3 East 54th Street Amid High Debt
By Isabelle Durso December 20, 2024 5:05 pm
Hoda Devane |
That's a beautiful edifice. I'd love to see it landmarked.
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