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President and Chief Executive Officer
The site, located on the corner ...
The site, located on the corner of East 86th Street and Lexington Avenue, will have a 27,000-square-foot retail component and 150,000 square feet of residences and residential amenities, Mr. Ceruzzi said.
In August 2015
In August 2015 Ceruzzi and SMI paid Joseph Sitt's Thor Equities $325 million for the property and 60,000 square feet of air rights.
Ceruzzi and SMI USA purchased the 300,000-square-foot site, located at the corner of West 43rd Street and Fifth Avenue, from Joseph Sitt's Thor Equitiesfor $325 million, as Commercial Observer previously reported.
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