Lightstone pays $15M for FiDi air rights

128-130 William Street in the Financial District and Lightstone's David Lichtenstein
128-130 William Street in the Financial District and Lightstone's David Lichtenstein

David Lichtenstein’s Lightstone Group paid $15 million earlier this month to buy air rights for the 50-story mixed-use tower the company is building in the Financial District, property records show.

Lightstone paid $15.4 million to buy 68,752 square feet of air rights from developer Harold Thurman’s lot at 82 Fulton Street, records filed with the city today show.

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Lighstone declined to comment. The company paid $60 million last year to buy the site at 128 William Street, where it is planning to build a 581-foot-tall tower with 188 apartments and just over 100,000 square feet of commercial space split between retail and hotel rooms on twelve floors.

Lichtenstein’s company had been planning a 59-story mixed-use tower nearby at 112-118 Fulton Street, but sold the site last year to San Francisco-based Carmel Partners, as The Real Deal reported.