NEW YORK CITY—JLL is bringing 115 Seventh Ave. to market, mostlikely as a potential residential and retail condominiumdevelopment opportunity, supporting up to 71,036 square feet as ofright. EVPs Glenn Tolchin and Yoav Oelsner, along with vicechairman Scott Latham, will lead the firm's capital markets team onthis offering.

The site, located at the southeast corner of 17^thstreet, was the original location of the Barneys flagshipdepartment store. Last December, Barneys announced it would returnto the Chelsea area next year with a 57,000-square foot store;taking over space that had been occupied by Loehmann's. Now ownedby the neighboring Rubin Museum of Art, the building has severalpossibilities, Tolchin tells GlobeSt.com.

“We believe that the highest and best use for the property is aresidential and retail condominium project but it is possible thatthe property could become a commercial/user redevelopmentopportunity, whereby a technology or media company may want tooccupy its own office building, particularly because this locationsits in a tech hub.”