Cooperative Apartment Building – Development Rights Transaction – Manhattan
Represented a New York City cooperative apartment building in connection with the sale of over 50K-sq.-ft. of unused development rights to a neighboring property through zoning lot merger, along with a related light and air easement.The development rights will facilitate the redevelopment of the former ABC Studios buildings in the UWS block bounded by Columbus Avenue, Central Park West, West 66th Street and West 67th Street.