NEW YORK CITY-Construction work to start again on an unfinished High Line condo building in West Chelsea. A new team of investors, headed by Todd Lippiatt from Aristone Realty Capital, have refinanced the development of the 11-story building at 245 10th Ave.
Citigroup's foreclosure action on the building has been withdrawn, and lawsuits filed by unpaid contractors have been resolved. Leonard Steinberg from Prudential Douglas Elliman will market the condos, which will be coming to the market in the spring. For the full story, go to Wall Street Journal.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
