A development site at 80-84 Nassau Street in the Financial District is being marketed with an asking price of $72 million.
It can be built to accommodate a 52-story residential building with about 263,000 square feet.
James Nelson and Peter DeCheser of Massey Knakal Realty Services and Hy Schermer and Michael Greenburger of Time Equities are the co-exclusive brokers for the sale for the present owner.
The site is now occupied by a four-story building on a "footprint" of about 9,000 square feet and Mr. Nelson said the sale includes additional air-rights from adjacent properties at 15 Dutch Street and 41-3 John Street.
The Fulton Street Transit Hub is being built one block away.
Architect H. Thomas O'Hara has a rendering, shown at the right, of a possible tower for the site on his website.
According to Kari Neering, public relations director of Massey Knakal, James Nelson said "the rendering was just one of many possibilities for the site," adding that "Hotels are also a possibility, as is a hotel with residential."
The site is about two-and-a-half short blocks south of the planned 74-story mixed-use, titanium-clad skyscraper designed by Frank O. Gehry for Forest City Ratner at 8 Spruce Street.
It can be built to accommodate a 52-story residential building with about 263,000 square feet.
James Nelson and Peter DeCheser of Massey Knakal Realty Services and Hy Schermer and Michael Greenburger of Time Equities are the co-exclusive brokers for the sale for the present owner.
The site is now occupied by a four-story building on a "footprint" of about 9,000 square feet and Mr. Nelson said the sale includes additional air-rights from adjacent properties at 15 Dutch Street and 41-3 John Street.
The Fulton Street Transit Hub is being built one block away.
Architect H. Thomas O'Hara has a rendering, shown at the right, of a possible tower for the site on his website.
According to Kari Neering, public relations director of Massey Knakal, James Nelson said "the rendering was just one of many possibilities for the site," adding that "Hotels are also a possibility, as is a hotel with residential."
The site is about two-and-a-half short blocks south of the planned 74-story mixed-use, titanium-clad skyscraper designed by Frank O. Gehry for Forest City Ratner at 8 Spruce Street.
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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