Locally based Studley represents the seller, locally based Macklowe Properties Inc., and brought in the buyers. The buyers pre-empted the sales process by committing to acquire it within two weeks of commencement of the marketing initiative, closing 30 days thereafter, according to a statement made by Studley.
"It [the acquisition] allows us the opportunity to create another unique project with spectacular and open vistas," says Arthur and William Lie Zeckendorf , co-chairmen of Zekendorf Development. "Plans are under way for a super high-end luxury condominium."
The 10 UN Plaza site now holds the remnants of a two-story building being demolished. "Comprising a footprint of 20,000 sf overlooking the United Nations Sculpture Garden, the East River and bordering Dag Hammarskjold Plaza, it offers spectacular views and a sense of spaciousness rarely round in development sites in the city's densely populated neighborhoods," notes Woody Heller, executive managing director and head of the capital transactions group for Studley.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
