SL Green has already closed on the sale of a development property at 985-987 Third Avenue, between 58th and 59th streets, for $68.7 million, according to a release from the landlord, and was represented by Massey Knakal Realty Services’ Bob Knakal in the deal.
Anyone know the buyer?
I think it’s Macklowe
Bob Knakal and Clint Olsen of Massey Knakal Realty Services handled the exclusive marketing of the property of the three buildings on the south east corner of 59th Street and Third Avenue, which totals 89,000 buildable square feet.
“The highest and best use of the site would be for a mixed-use development,” Knakal said in a phone interview on Tuesday afternoon. The location has also proven to be “excellent” for condominiums, he said.
Knakal said he foresees that the existing structures at the site will be demolished and a new highrise will be built.
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I like this tower.
This building is lame, but the base is the worst part of it.
I like the base! Why don’t you?
It will look ridiculous at street level to have a solid, multi-story base.
I like the tower, but now that you mention it being multi story like that, I agree it would be ridiculous.
I guess, ultimately it depends on the quality and material that will be used for the base that can make this work.
Overall, I think The tower itself would be a nice compliment standing across Bloomies in a weird sort of way.
Today
This puppy is already humming along!!
Diagram
Yesterday via Taxi Window Drive by.
Wow. This thing is going to shoot up in no time.
