NEW YORK CITY-Sheldon Solow, the billionaire developer behind 9 W. 57th St., is turning his attention to Manhattan’s East Side. According to a New York Post story this morning by Steve Cuozzo, Solow has tapped Woody Heller of Studley Capital Transaction Group to sell a development site at 616 First Ave. overlooking the East River.
After Solow spent years obtaining regulatory, zoning and environmental reviews, the parcel – located between East 35th and East 36th Streets – is fully approved for two new towers of 37 and 47 stories with a total maximum floor area of 730,240 square feet. Heller tells the post that the site offers the “rare opportunity” to develop a site with “New York’s three most coveted view amenities – water, green space and skyline.”
Nearby, Solow is also planning to develop buildings on three contiguous blocks just south of the United Nations. You can read the Post story here.
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