Plans Announced for Residential Development at 68 King Street in Hudson Square, Manhattan
Avdoo has finalized its $63 million acquisition of 68 King Street, the site of a forthcoming residential building in Hudson Square, Manhattan. The developer secured the property with the help of a $40 million loan from Valley National Bank and is planning to construct a 200,000-plus-square-foot structure. The project would utilize more than 125,000 square feet of development rights, including air-rights deals and a transit improvement-related bonus. The property is located at the corner of King and Varick Streets.





