Alan Potamkin and the former GM dealership
The Potamkin family is planning the sale of entire East Harlem block at 2485 Second Avenue between East 127th and 128th streets with the potential for 765,000 square feet of housing, the New York Post reported.
Potamkin operates a Hyundai and Mitsubishi dealership in one building on the block and leases out another former General Motors dealership to Chevrolet and Cadillac.
Alan Potamkin, co-chair of Potamkin, told the Post that he thinks the city will allow a rezoning of the 103,000 square foot block. He’s also open to offers for leasing and adaptive reuse of the 200,000 square foot building and 60,000 square feet of currently unused floor area. Sources said that brokers have advised Potamkin not to list the site until September. [Post,1st item]