New condo near Grand Central Station

A six-story office building near Grand Central Station will be turned into a 20-unit luxury condo by its new owner, an entity controlled by developer Sam Suzuki. The 12,778-square-foot building at 5 East 44th Street, built in 1940, recently sold for $12 million, according to Besen & Associates, which handled the sale. It will be demolished to make room for the new condo, which will be designed by architect Alan Richie of the Philip Johnson firm. By Tom Acitelli

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