NEW YORK CITY—The Rockefeller Group has acquired a land assemblage on East 29th Street for approximately $98.7 million and intends to pursue the development of a luxury condominium tower at the site.
The Rockefeller Group plans to build an approximately 170,000-square-foot building at the site that will feature more than 100 luxury condominiums.
Megumi Brod, senior vice president of Northeast development for the Rockefeller Group, who joined the firm in February of this year, spearheaded the property assemblage purchase. Eastern Consolidated's Institutional Advisory Group arranged the sale of the NoMad residential development assemblage located at 30-36 East 29th St. between Park Avenue South and Madison Avenue. The three existing buildings on the site will be demolished to make room for the new development.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
