United Realty has proposed a 10-story, 45,413 square-foot mausoleum at the vacant lot 1532 Madison Avenue, in southern East Harlem. The developer is looking for investors to fund the acquisition of the property, which is on the market for $15 million. The entire project would cost roughly $60 million and would include at least 2,900 crypts and 5,200 niches, according to Investment News.
The development site spanning 92-94 Fulton Street, in the Financial District, has again traded hands, this time with The Lightstone Group acquiring the properties for $23.25 million. The previous owner, Fisher Brothers, paid $10 million for the site in June 2014 and had filed applications for a 16-story residential building. Lightstone’s plans have yet to be disclosed, but previous proposals revealed by YIMBY show the site’s significant potential.
Whatever you want to call them — NoMad, Gramercy, or Flatiron — the neighborhoods surrounding Madison Square Park are some of the hottest in the city right now. And despite the fact that the city’s hotel market appears to be headed for…
Six months ago, the Lightstone Group (of Gowanus megaproject fame) sold their site at 112-118 Fulton Street in the Financial District for $171 million, to San Francisco-based Carmel Partners. But that doesn’t mean the developer…
The 64-story tower at 50 West Street is currently rising, and YIMBY got a a few shots of the skyscraper from the West Side Highway. The tower is up to about twenty-five stories, and will eventually rise…
