NEW YORK CITY-The Hudson Yards complex just got even more interesting.
McCourt Partners has purchased a 26,000-square-foot parcel of land at the southern end of the span—at 360 10th Ave., on West 30th street, next to the Spur at the High Line Park—for $167.3 million. There were no brokers on the deal.
The seller, Sherwood Equities and Boston-based Long Wharf Real Estate Partners LLC, bought the spot for $43.5 million in May, 2011. Sherwood is quite bullish on the Hudson Yards complex; it purchased other parcels in the area more than 20 years ago. But the offer on 360 W. 10th was simply too good to pass up, company executives tell GlobeSt.com.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
