Port Authority to sell land to hotel developer

October 23, 2008 05:22PM

The Port Authority of New York and New Jersey today designated about 1,200 square feet of land it owns by the Lincoln Tunnel entrance ramp on West 30th Street as “surplus property,” clearing the way to sell it to a hotel developer. The site will be sold for $4.155 million to Arisa Realty, which owns the parcel directly north of the site. The property used to be part of a bus parking lot.

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