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Extell buys air rights for multi-family tower.


Colliers ABR (1) (AutoBaud Rate detect) The analysis of the first characters of a message to determine its transmission speed and number of start and stop bits.

(2) (Available Bit R
 announced that the Art Students League of New York The Art Students League of New York is an art school founded in 1875.

Its creation came in response to both an anticipated gap in the program of the National Academy of Design's program of classes for that year, and longer-term desires for more variety and flexibility in
 has sold 140,000 square feet of air rights at 213 West 57th West 57th can refer to:
  • West 57th Street, a street in New York City
  • West 57th (news magazine), a news magazine program which aired on the CBS Television Network from 1985 to 1989
 Street to Extell Development Group.

The transaction transfers development rights to the old Hard Rock Card building adjoining the Art Students League to the west. Extell is using the air rights to develop a high rise multifamily tower.

Craig Evans Craig Neil Evans (born November 29, 1969 in Salisbury - now Harare) is a Zimbabwean cricketer.

He played in two Tests, against Sri Lanka and Australia, but is considered a specialist at the one-day game.
, Senior Managing Director, and Nicola Heryet, Senior Managing Director, both of Colliers ABR represented the Art Students League in the transaction. "Because this was the sale of air rights over a landmark structure, the negotiations required sensitivity to the unique light and air requirements of the Art Students League," said Craig Evans. "We were happy to negotiate a sale that addressed the concerns of the League while allowing Extell to move forward with the development in the area."

This reflects the strong residential market in the west 57th Street corridor which is dominated by development Extell. Extell is the largest multifamily/ condominium developer in NYC NYC
abbr.
New York City


NYC New York City
.
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Title Annotation:Art Students League of New York sells the property to Extell Development Group
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 15, 2006
Words:169
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