The Condo Tower survives-- at least for now--
'A New York real estate company seeking to develop the tallest residential tower in Midtown will put much of the property back on the market.
An affiliate of Olympia Heights Management owns the 4-acre trophy site at 14th Street, which it bought more than five years ago and where it continues pre-development work on a more than 50-story condo tower.
It calls the project No. 2 Opus Place.
As Olympia Heights tries to line up pre-sales for the planned condo units, it's now seeking developers for the remaining 2.2 acres around the project. The balance of the site is large enough to contain more than one million square feet of additional office, apartments and retail space, according to preliminary marketing materials.
Olympia Heights has retained commercial real estate services firm Cushman & Wakefield to market the 2-plus acres. When reached for more details, Cushman & Wakefield could not comment.'
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