The Museum of Arts and Design announced Thursday afternoon that it had completed its purchase of 2 Columbus Circle, and that it will now start work on transforming it into a new home for the museum. The city granted the museum the right to acquire 2 Columbus Circle for $17 million. The museum also announced Thursday that it had raised more than $48 million for its capital campaign.
|“Stuck like Leon Black”: Top brokers caution against short-term bets on the new dev market|
|In resi development, “Other People’s Money” no longer cuts it|
|Billy Macklowe: “I think retail is f*cked, plain and simple”|
|OSHA finds subcontractor responsible for death on DoBro construction site|
|Durst Organization files plans for 652 units at Hallets Point complex|