Posted Aug 19, 2015, 9:21 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,696
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NEW YORK | 350 East 86th Street | 210 FT | 20 FLOORS
Project: 350 East 86th Street
Quote:
Developer Gary Barnett is laying the groundwork for his next Manhattan condo project.
The builder of mega-spires like One57 and the Nordstrom Tower, which is under construction on West 57th Street, has entered into a contract to purchase the site of a Gristedes on the Upper East Side for about $100 million. Mr. Barnett is expected to close on the acquisition of the one-story building next year, when the grocery store’s lease expires.
The store, at 350 E. 86th St., near the corner of First Avenue, can be combined with neighboring sites Mr. Barnett already owns to build a 210-foot-tall, 200-plus-unit condo building.
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http://www.crainsnewyork.com/article...east-side-site
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