Tishman Speyer is inching closer to buying a 1.2 million-square-foot site in Hudson Yards asking more than $200 million, the New York Post reported, citing unnamed sources.
In January, the Rosenthal family recruited Bob Knakal and James Nelson of Massey Knakal Realty Services to market the parcels, which stretch from West 35th to West 34th streets between 10th Avenue and an as yet undeveloped Hudson Boulevard, as previously reported. The addresses are 507 West 34th Street, 510-28 West 35th Street and 435 10th Avenue.
The land could handle a 1.2 million-square-foot structure, the Post said. The site is adjacent to one owned by Sherwood Equities, which had planned to develop one large tower on the two parcels in partnership with the Rosenthals. [NYP, 2nd item] — Mark Maurer