Locally-based Eastern Consolidated has been tapped to exclusively market the site which is located on the north side of 20th Street between 10th and 11th avenues. Eastern's chairman Peter Hauspurg and associate Anna Maria Ronquillo along with senior directors Alan Miller and David Schechtman, and director David Lever, are the marketing team for the site which allows for 46,000 buildable sf and up to 56,000 sf with High Line and inclusionary bonuses.
[IMGCAP(2)]The Bermuda Limousine Co. will continue to operate; however, the company plans to re-locate to new premises in Long Island City. Schechtman tells GlobeSt.com that a location is set for the relocation, but he cannot discuss details at this time. He notes that the Bermuda Limousine chose to sell because the "business is burgeoning, so they need more space," and because it was "the right time in the real estate cycle to sell."
Ronquillo says that "acquiring the Bermuda Limousine site represents a fabulous opportunity to secure a prime foothold in the heart of the High Line District, an area so sought-after that fewer and fewer sites available."
Schechtman tells GlobeSt.com that "High Line space is better used for redevelopment." He notes the site should attract developers, users such as gallery, restaurant and entertainment, and investors who "want to reap the rewards of the neighborhood which has a higher concentration of galleries per sf than London."
He explains to GlobeSt.com that "the area is hip," noting that for the past few years, it has housed some of the "hottest restaurants and art galleries in the City." It is also booming with high-end residential development and retail and shopping that serves those residences, he says.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, 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.
