JLL Tapped to Market 115 7th Ave.

NEW YORK CITY—JLL is bringing 115 Seventh Ave. to market, most likely as a potential residential and retail condominium development opportunity, supporting up to 71,036 square feet as of right. EVPs Glenn Tolchin and Yoav Oelsner, along with vice chairman Scott Latham, will lead the firm’s capital markets team on this offering. 

The site, located at the southeast corner of 17^th street, was the original location of the Barneys flagship department store. Last December, Barneys announced it would return to the Chelsea area next year with a 57,000-square foot store; taking over space that had been occupied by Loehmann’s. Now owned by the neighboring Rubin Museum of Art, the building has several possibilities, Tolchin tells GlobeSt.com.