Posted Jan 22, 2014, 5:28 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,900
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http://www.rew-online.com/2014/01/22...lad-note-sale/
Tallest tower site expected to fetch $200M+
January 22, 2014
Quote:
Cushman & Wakefield is marketing 45 Broad Street, a development site in the Financial District that offers 264,200 s/f of FAR for residential and/or commercial use.
The site could hold a super-luxury residential or mixed-use property. An investor has the opportunity to construct a new tower within the C5-5 Special Lower Manhattan zoning district, which has no specified height restriction.
Based on initial architectural studies, the site can support a 45- to 50-story tower.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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