Development sites are sold.Massey Mas·sey , (Charles) Vincent 1887-1967. Canadian politician who served as high commissioner for Canada in Great Britain (1935-1946) and as governor-general (1952-1959). Knakal Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Services has sold a one-story building adjacent to the Roosevelt Island Tramway The Roosevelt Island Tramway is an aerial tramway in New York City that spans the East River and connects Roosevelt Island to Manhattan. Prior to the completion of the Portland Aerial Tram in December 2006, it was the only commuter aerial tramway in North America. Station at 250 East 60th Street on Manhattan's Upper East Side in an all-cash transaction valued at $11,750,000. The property is located on the north corner of Tramway Plaza. It was sold as a development site, with approved plans for 37,422 s/f of mixed-use development Mixed-use development refers to the practice of allowing more than one type of use in a building or set of buildings. In planning zone terms, this can mean some combination of residential, commercial, industrial, office, institutional, or other land uses. . Currently, the building contains 4,000 s/f. The property sold for $2,937.50 per square foot. "This property is a very rare development site," said Massey Knakal Chairman Robert Knakal, who exclusively represented the seller with Broker Clinton Olsen. "New development in the area is very rare due to the few corner locations that are left." \The property was purchased by a Manhattan developer who plans to use the site for its inclusionary air rights, which he will then transfer to a larger development he is planning in the neighborhood. Massey Knakal Realty Services was the sole broker. A residential development site in the heart of the Hasidic section of Williamburg, Brooklyn, which housed Gabila's Knish knish n. A piece of dough stuffed with potato, meat, or cheese and baked or fried. [Yiddish, from Ukrainian knysh, probably of Turkic origin.] Noun 1. Factory since 1921 was also sold by Massey Knakal in an all-cash transaction valued at $6,850,000. The addresses are 110-120 S. 8th Street, 111-113 S. 8th Street and 424-426 Bedford Avenue. Massey Knakal represented the seller while Centres Siegel repped the buyer. |
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