I assume that this air rights purchase is for the Wellington. It seems that this project is all set.
https://www.crainsnewyork.com/real-e...rch-36-million
Extell poised to snap up $36 million in air rights from historic Midtown church
C. J. Hughes
Quote:
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Following a flurry of recent deals to piece together mammoth development sites in the neighborhood, the Gary Barnett-led luxury firm is in contract to buy 123,000 square feet of air rights over St. Thomas church for $36 million, according to a new court filing.
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