Shkury tells GlobeSt.com that the seller is a Manhattan-basedfamily, and notes that the location is great. "The surroundingneighborhoods have already been successfully developed and theplanned development of Hudson Yards will present a buyer with evenmore opportunities for development."
Shkury explains that the asking price of $29.9 million is verycompetitive for the area.The bidding deadline has been set forMarch 14th.
Shkury says that his team has already received several offersand has only just begun sending the marketing proposal out tocontacts a few weeks ago. Although Shkur could not discuss who hasbid so far, he notes that the team is showing the building to"local and international investors interested in developing hotel,office, or residential space."
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