The Real Deal New York

Lower Fifth Avenue just got high: New marijuana dispensary to open

Pot palace will be third dispensary in Manhattan
April 04, 2018 01:00PM

Fifth Avenue, which runs along the full length of Central Park, is about to get even greener.

Los Angeles-based MedMen plans to open a 10,000-square-foot medical marijuana dispensary at 433 Fifth Avenue, the New York Post reported. Billed as the “Barneys of weed,” the dispensary is slated to open on April 20, an unofficial stoner holiday.

The shop will only sell to state residents who are medically qualified to receive marijuana and will be the third dispensary permitted to open in Manhattan.

Ben Ashkenazy’s Ashkenazy Acquisition Corporation purchased the 17,000-square-foot building in 1997 and had an office there until 2011, when it moved to 150 East 58th Street. The company tried marketing the property back in 2015, asking $30 million for the six-story building, though it appears to no longer be on the market. The building’s ground-floor space was most recently occupied by a gifts and luggage store. [NYP] — Kathryn Brenzel