Olnick lists South Bronx development site with 1M sf potential
The Olnick Organization is looking to offload a sizable development site in the South Bronx that has sat inactive for more than half a century. Midtown-based developer Olnick is seeking roughly $60 million for a largely vacant patch of land on University Avenue between West 168th and West 170th streets in Highbridge, Crain’s reported. The lot includes 10 vacant parcels spanning 170,000 square feet. The site could contain an 842,000-square-foot project, according to the offering memo, and has enough room for a development with more than 1,100 units; it’s unclear if that count includes a lot on Undercliff Avenue between […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Landlord battles Sentinel over alleged rent-regulation fraud
Tenants at Alta LIC sue over alleged rent overcharge scheme
ZD Jasper nabs second construction loan of the week
Olnick lists South Bronx development site with 1M sf potential
NYC’s top deals: Univision exec parts with UWS townhouse for $9M
The Daily Dirt: Against all odds, landlord applies for hardship
Celeb listings abound in the tri-state area, from Farmington, CT to Alpine, NJ
Domain, LMXD’s Greenpoint Landing master plan revealed
Unions quickly backed Mamdani after the primary. Construction unions have held off
Trump administration eyes aggressive $7B Penn Station redevelopment