I have always wondered when this PRIME spot would be redeveloped. It appears from ACRIS that Cohen also owns the adjacent parking garage located at 13 E 54th St.
As per Property Shark, the office building has about 290k sf, and it’s unclear how much buildable space the garage has. Clearly, though, a reasonably tall condo or hotel could rise here.
https://www.crainsnewyork.com/real-e...wn-office-site