Manhattan Condo Site Changes Hands for $34M
T&E Development has acquired a vacant development site near Manhattan’s Hudson Yards for $33.5 million. PPHE Hotel Group sold the 9,875-square-foot lot, 538-542 West 29th Street, with Colliers’ New York Capital Markets team arranging the deal on behalf of the seller. Featuring…
T&E Development has acquired a vacant development site near Manhattan’s Hudson Yards for $33.5 million. PPHE Hotel Group sold the 9,875-square-foot lot, 538-542 West 29th Street, with Colliers’ New York Capital Markets team arranging the deal on behalf of the seller. Featuring…
BELLINGS Intelligence Score: 8
Why it matters
This is a routine real estate transaction involving a $34 million Manhattan condo development site, which is ordinary business activity with limited broader market impact or novelty.
Sources
Connect CRE
Manhattan Condo Site Changes Hands for $34M
T&E Development has acquired a vacant development site near Manhattan’s Hudson Yards for $33.5 million. PPHE Hotel Group sold the 9,875-square-foot lot, 538-542 West 29th Street, with Colliers’ New York Capital Markets team arranging the deal on behalf of the seller. Featuring…