NEW YORK CITY-Toll Brothers Inc. is in contract to acquire United Cerebral Palsy's Flatiron District headquarters on East 23rd St.
The Horsham, PA-based homebuilder is reportedly looking to purchase the parcel that allows for a 200,000-square-foot residential development, for $150 million, according to The Real Deal.
Earlier this year, United Cerebral Palsy listed the property at 122-130 East 23rd Street between Lexington Avenue and Park Avenue South with Avison Young brokers Jon Epstein, Charles Kingsley, Neil Helman and Vin Carrega.
The non-profit uses a 60,000-square-foot property at the site for pre-school and recreation programs and plans to remain there through December 2014. See story in The Real Deal.
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