HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Global Projects & Construction > Proposals


Reply

 
Thread Tools Display Modes
     
     
  #1  
Old Posted Apr 17, 2014, 12:43 AM
Hypothalamus's Avatar
Hypothalamus Hypothalamus is offline
Homo sapiens sapiens
 
Join Date: May 2012
Location: 3rd planet from the Sun
Posts: 1,666
Smile NEW YORK | 160 East 125th St | 120 FT | 9 FLOORS



Extell makes deal for Harlem Pathmark official
Seller finally approved sale today for $39M

April 16, 2014 06:45PM
By Katherine Clarke



142-96 East 125th Street and Gary Barnett

Quote:
Extell Development has officially purchased a 68,676-square-foot East Harlem retail property home to Pathmark supermarket, The Real Deal has learned.

The building, at 142-96 East 125th Street, is under a long-term lease with Pathmark and includes approximately 300,000 square feet of residential air rights and over 450,000 total buildable square feet with inclusionary housing bonuses. Extell secured the site for $39 million.

Victor Sozio, Shimon Shkury and Michael Tortorici of Ariel Property Advisors represented the seller, the East Harlem Abyssinian Triangle Limited Partnership, and procured the buyer.

“This was a complex transaction which required a pragmatic approach from both the buyer and seller,” Sozio said in a statement. “The site has been a valuable asset to East Harlem since it was developed in the 1990s and we believe it will continue to benefit the community for many years to come.”

East Harlem Abyssinian Triangle board members were reportedly squabbling over the agreement with Extell but finally approved the deal today.

I don't get the "142-96 East 125th Street" address, so I put in 160 which is where the Pathmark is.

Edit: 142-196 125th, got it!
__________________
“If I have done the public any service, it is due to my patient thought.” ― Isaac Newton

~ My Stamford, CT Thread ~~ My Danbury, CT Thread ~

Last edited by Hypothalamus; Apr 17, 2014 at 3:00 AM.
Reply With Quote
     
     
  #2  
Old Posted Apr 17, 2014, 2:19 AM
scalziand's Avatar
scalziand scalziand is offline
Mortaaaaaaaaar!
 
Join Date: Aug 2007
Location: Naugatuck, CT/Worcester,MA
Posts: 3,506
It would be more clearly written 142-196 w125. Wonder if its gong to include the empty parcel on the east end of that block.

On a humorous note, are there any more Pathmarks in Manhattan for Extell to buy? First the one on the LES, and now this one.
Reply With Quote
     
     
  #3  
Old Posted Apr 10, 2020, 7:36 PM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,692
https://therealdeal.com/2020/04/10/e...=feature_posts

Extell’s plan for East Harlem development site revealed
Gary Barnett’s company files documents detailing nine-story office building






April 10, 2020


Quote:
Extell’s controversial East Harlem development site is destined to become … a low-rise office building.


Gary Barnett’s company, known for soaring, shiny residential spires such as Central Park Tower, filed plans this week to construct a nine-story, 354,000-square-foot commercial building on the property, according to public records.
Quote:
The building will stand 120 feet tall with the first floor dedicated to retail. About 41,000 square feet will be earmarked for a community facility.

Extell spent $70 million to assemble the block-long site, between Third and Lexington avenues and East 124th and 125th streets. It is known as the Harlem Pathmark site for the former supermarket at 149 East 124th Street.

In 2016, speculation arose that Barnett — whose calling card is ultra-luxury condos — could build up to 600 apartments on the site by tapping into the city’s affordable housing programs.
__________________
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.
Reply With Quote
     
     
  #4  
Old Posted Apr 11, 2020, 2:00 AM
Hudson11's Avatar
Hudson11 Hudson11 is online now
Registered User
 
Join Date: Aug 2011
Posts: 2,034
125th Street is prime for office developments with all of the new residential units going online along the corridor. Office tenants can also live in Westchester and beyond thanks to the Metro North connection.
__________________
click here too see hunser's list of the many supertall skyscrapers of New York City!
Reply With Quote
     
     
  #5  
Old Posted Apr 11, 2020, 2:25 AM
Busy Bee's Avatar
Busy Bee Busy Bee is online now
Show me the blueprints
 
Join Date: Feb 2006
Location: on the artistic spectrum
Posts: 10,260
Still, a site like that sitting on top of such a transport hub could have accommodated residential above the office in 2 towers at both ends of the site - it's a full city block.
__________________
Everything new is old again

There is no goodness in him, and his power to convince people otherwise is beyond understanding
Reply With Quote
     
     
End
 
 
Reply

Go Back   SkyscraperPage Forum > Global Projects & Construction > Proposals
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 4:26 AM.

     
SkyscraperPage.com - Archive - Privacy Statement - Top

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.