The development site at 39-45 East 29th Street owned by Jonis Realty of Great Neck, L.I., of which Nathan Halegua is a principal, and Lawrence Ruben Company is now available for sale.
City records recently indicated that 39 East 29th Street LLC, the listed owner of the site whose address is in care of Lawrence Ruben & Company, has made air rights agreements with nearby properties.
CityRealty.com reported May 30, 2006, that H. Thomas O'Hara designed a 31-story residential tower for the vacant site, which is between Madison and Park Avenues, and which was anticipated to contain 132 residential condominium apartments with many corner windows and no balconies.
The site is about one block to the east of another major new residential condominium tower now under construction at 11 West 29th Street.
An article by Steve Cuozzo in today's edition of The New York Post indicated that Woody Heller of Studley Capital Transactions Group is now "fielding offers" that are due June 28 for the development site and the asking price is $400 a buildable foot.
City records recently indicated that 39 East 29th Street LLC, the listed owner of the site whose address is in care of Lawrence Ruben & Company, has made air rights agreements with nearby properties.
CityRealty.com reported May 30, 2006, that H. Thomas O'Hara designed a 31-story residential tower for the vacant site, which is between Madison and Park Avenues, and which was anticipated to contain 132 residential condominium apartments with many corner windows and no balconies.
The site is about one block to the east of another major new residential condominium tower now under construction at 11 West 29th Street.
An article by Steve Cuozzo in today's edition of The New York Post indicated that Woody Heller of Studley Capital Transactions Group is now "fielding offers" that are due June 28 for the development site and the asking price is $400 a buildable foot.
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Architecture Critic
Carter Horsley
Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.
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