NEW YORK | 271 11th Avenue | FT | FLOORS

Part of the plan is to cut out a large courtyard in the center of the building to provide each floor with additional light and air, a source said. The interior square footage lost from the addition of the courtyard would then be added back as new glass-clad floors on top of the squat building

Drawing the investment partnership to the property was its historic look and feel, the source said, which will offer office tenants an alternative to the mini city of glassy skyscrapers being erected in the neighborhood.

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