Posted Aug 1, 2024, 6:12 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,214
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Quote:
Originally Posted by NYguy
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Quote:
https://therealdeal.com/new-york/202...-office-tower/
Citadel agrees to buy up $164M in air rights from St. Patrick’s Cathedral
Developer team bought air rights for office tower at 350 Park Ave
Holden Walter-Warner
December 11, 2023
Griffin’s Citadel and Steve Roth’s Vornado Realty Trust agreed to buy up to 525,000 square feet of air rights from the Roman Catholic Archdiocese of New York to facilitate the development of 350 Park Avenue, PincusCo reported.
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Quote:
Originally Posted by NYguy
https://www.bloomberg.com/news/artic...uverify%20wall
Citadel’s Ken Griffin Taps St. Patrick’s Air Rights to Boost NYC Office Tower
-Citadel is working with Vornado, Rudin to build new skyscraper
-Archdiocese says money will likely go to cathedral’s upkeep
By Natalie Wong
December 11, 2023
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The air rights transfer from St Barts...
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