Eastern Consolidated's director David Johnson together with senior director Alan Miller procured the buyer, Peter Moore of PMA Associates, while the seller, the Wynne Family, acted on its own behalf in the transaction. "PMA Associates is currently evaluating its options of constructing a brand new luxury boutique hotel, a condominium or a combination of both with high-end retail on the ground floor," Miller says.
"What's significant is that this property obtained such a high price per sf," Johnson says, "reconfirming that the High-Line continues to be one of the most sought-after redevelopment areas in Manhattan."The property, zoned as of right residential and hotel, consists of four buildings located on a common tax lot approximately 50 feet by 100 feet and allows for approximately 25,000 buildable sf with 50 feet of frontage directly adjacent to the High Line.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
