The Calicchio family, private Tribeca-based investors, is hoping to score $88 million for a five-story parking garage that is ripe for a potential luxury residential conversion, The Real Deal has learned.
The 41,000-square-foot garage at 56 North Moore Street, between Greenwich and Hudson streets, in Tribeca will be delivered vacant. The property offers 44,000 square feet of existing development rights. The price would equate to roughly $2,000 per square foot. [more]