Cushman & Wakefield announced the sale of 656-660 Lexington Avenue, a corner development site that totals 52,900 buildable square feet. The final sale price was $24,000,000, equating to $452 per buildable square foot.
“656-660 Lexington Avenue is a prime corner development site in Midtown Manhattan,” said Conrad. “This is one of the first major development site deals in the area since the beginning of the pandemic, a sign that developers are still betting on New York City and are confident in its rebound.”
Located on the northwest corner of Lexington Avenue and East 55th Street, 656-660 Lexington Avenue is zoned C5-2.5, allowing for commercial office or hotel development, along with mixed-use commercial and residential development. The site is currently improved by an 8,821-square-foot retail building.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
It would be a true gift from our Good Lord if the developer acquires the crappy hotel to the west, and it comes down too.
According to Emporis the Concorde Hotel was built in '83. Honestly the weird pinky glass is kinda ugly but I don't think the form itself is that bad. The combination of not being all that old (that's right 40 is NOT old!) and being nearly 400' tall, I don't see it coming down any time soon, though a reclad would be welcome.
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There is no goodness in him, and his power to convince people otherwise is beyond understanding
According to Emporis the Concorde Hotel was built in '83. Honestly the weird pinky glass is kinda ugly but I don't think the form itself is that bad. The combination of not being all that old (that's right 40 is NOT old!) and being nearly 400' tall, I don't see it coming down any time soon, though a reclad would be welcome.
I wonder if the hotel is struggling during Covid though, which might prompt a sale. I hope so.
Soaring above the streets of Midtown East, the Concorde Hotel is 37 stories high with breathtaking views of the city’s skyscrapers.
__________________ NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Thread temporarily closed until we hear some action or worthwhile news or updates on this and until emotions cool off. 21 posts of arguments deleted. Common folks, its almost Friday, we should be happy!
NEW YORK | 660 Lexington | FT | FLOORS
) and being nearly 400' tall, I don't see it coming down any time soon, though a reclad would be welcome.
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