Ed Minskoff buys West Village parking garage for $26M

Seller had filed plans for seven-story conversion at 11 Jane St.

New York /
Dec.December 11, 2014 11:55 AM

Edward Minskoff’s Minskoff Equities  paid $26 million to pick up a parking garage in the West Village that could be converted into a mixed use building with 41 apartments, according to property records filed with the city today.

Minskoff closed on the two-story garage at 11 Jane Street on Nov. 14, just one month after the deal went into contract, for $26 million, according to records.

The firm declined to comment. The sellers were the Marital Trust of Sydelle Yager Mitchell and the Wolk Family Limited Partnership.

The site had been home to the Jane Street M. E. Church in the mid-1840’s. In 1921, the New York Society of the Methodist Episcopal Church erected the two-story garage with a steeped-roof parapet, according to the Landmark Preservation Commision’s Greenwich Village historical designation report from 1969.

The property holds 31,032 square feet of buildable space.

Fred Spindler, the owner and operator of a handful of Park-It garages in the city, holds a 25-percent interest in the property as a tenant-in-common, records show. He had filed building plans back in 2006 to add five floors to the garage and convert it into mixed-use property.


Related Articles

arrow_forward_ios
Meryl Streep and 19 West 12th Street (Getty, StreetEasy)
Meryl Streep’s former West Village home sells for half of original ask
Meryl Streep’s former West Village home sells for half of original ask
John Philip Sousa and the Sousa House at 80 Washington Place (Getty, Google Maps, iStock/Illustration by Alexis Manrodt for The Real Deal)
$25M Sousa townhouse in West Village faces foreclosure
$25M Sousa townhouse in West Village faces foreclosure
(iStock/Illustration by Kevin Rebong for The Real Deal)
These NYC neighborhoods lost housing in the past decade
These NYC neighborhoods lost housing in the past decade
An image of Village Cigars from 1976 pictured with the Hess Triangle. (Getty, WikiMedia)
Iconic Village Cigars building is for sale
Iconic Village Cigars building is for sale
Sarah Jessica Parker and Matthew Broderick (Getty; Google Maps)
Sarah Jessica Parker and Matthew Broderick sell West Village townhouse
Sarah Jessica Parker and Matthew Broderick sell West Village townhouse
332 Monitor Street and 1400 Benson Street, which were sold last week. (Google Maps)
ExxonMobil sells Greenpoint parcel decade after agreeing to big cleanup
ExxonMobil sells Greenpoint parcel decade after agreeing to big cleanup
Jimmy Silber Sold 1 Christopher Street To Carmine Limited. (Marcus & Millichap)
Landlord who warned of pandemic’s “catastrophic” effects sells West Village building for $95M
Landlord who warned of pandemic’s “catastrophic” effects sells West Village building for $95M
 Jennifer Lawrence and 17 Jane Street with Edward Minskoff (Getty; Sciame Construction)
Jennifer Lawrence buys at Ed Minskoff’s West Village condo
Jennifer Lawrence buys at Ed Minskoff’s West Village condo
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...