The Real Deal New York

Hudson Square site sells for $34M

August 08, 2007 12:00AM

A development site located at 357-361 West Street and 156-162 Leroy Street on the Hudson Square waterfront has traded for $34 million. Buyer Peter Moore Associates can build a commercial project of up to 88,000 square feet and is likely to include a luxury hotel component. The seller is Olympic Diamond Corp. The properties represent one of the last significant development sites in the neighborhood, according to Eastern Consolidated, which brokered the deal. TRD

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