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    Bel Canto

    1991 Broadway
    New York, NY 10023
    Retail, Residential, Sales, Leasing/Rental, Condo

    1991 Broadway is the site of a 7,150 square foot retail space located between 67th and 68th Streets, adjacent to the Apple store at Lincoln Center. It housed Ollie's Noodle Shop until 2013, when the restaurant closed following a fire. Ashkenazy Acquisition, a New York City-based firm that invests in retail and office real estate, purchased the retail condominium, originally marketed at $39.5 million, for $22 million, in January 2014 from Manhattan-based Small Fish Corp. Ashkenazy had agreed to buy the space for $28 million in March 2013, but got the price reduction as a result of a legal settlement.

    Ashkenazy sued Small Fish in April 2013 for allegedly withholding information that the city-owned public interior atrium inside the building had use restrictions. At issue was the fact that homeless people use the atrium as a sleeping space, depressing the attractiveness of the adjacent retail space. The retail condo totals 7,500 square feet, including 3,000 square feet on the ground floor; 2,000 square feet on the mezzanine level; and 2,500 square feet in the basement. Ashkenazy wants to convert the 1,600-square-foot interior atrium back to private use. MK

    • Address 1991 Broadway
    • neighborhood Lincoln Center
    • borough Manhattan
    • owner Ashkenazy Acquisition
    • developer Lewis Futterman
    • owner entity BEL CANTO CONDOMINIUM
    • LIST/LAUNCH SALES 08/18/1986
    • floors 26
    • Year Built 1985
    • ag file plans 09/09/1985
    • AG FILE Link
    • residential units 75
    • total units 75
    • square feet 7,150
    • block and lot 1-01139-7501
    • BIN 1028857
    Condominium Units+
    • Event Sales
    • Address 1991 Broadway
    • Neighborhood Lincoln Square
    • Borough Manhattan
    • Price $ 22,000,000
    • Publication Date 02/01/2014
    • Event Date 12/23/2013
    • Party 1 Stan Johnson Company
    • Party 2 Ashkenazy Acquisitions
    notes
    The property sold for $22 million.
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