(Save the date: RealShare New York comes to the Grand Hyatt, New York, NY, October 9.)
NEW YORK CITY-Rockrose Development Corp., the developers known for the redevelopment of the Long Island City waterfront, are embarking on the final frontier in Manhattan: the Far West Side. The company has purchased a 19,475-square-foot parcel at 528-534 W. 39th St. between 10th and 11th Avenues – making it the last piece in the company’s assemblage in Hudson Yards.
As part of the deal, the company has the ability to build a luxury high-rise apartment building on the land, as well as an additional one million square feet of commercial development rights – which could pave the way for a new convention center hotel down the line, according to Patricia Dunphy, senior vice president at Rockrose.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 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.
