W. 57th building may fetch $200M

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An 11-story office building at 10-14 West 57th Street is on the market and could sell for up to $200 million because of its redevelopment value. The 84,000-square-foot building could be redeveloped to 113,000 feet with no height restriction. The property used to house Henri Bendel; Sharper Image and MacKenzie-Childs now occupy its retail spaces. more [Post]