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| Manhattan’s Hudson Yards neighborhood |
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| Andrew Scandalios |
NEW YORK, NY – HFF announced today that it has closed the
$35 million sale of a 9,875-square-foot development site in Manhattan’s Hudson
Yards neighborhood.
 |
| Jose Cruz |
HFF
worked on behalf of the seller, a subsidiary of Lehman Brothers Holdings
Inc. New York-based real estate
developer David Marx purchased the land parcel for $35 million.
The development site is situated on 9,975 square feet at
448-452 11th Avenue and 556 West 37th Street in the Hudson Yards
neighborhood.
The site is directly
across the street from the Jacob K. Javits Center, and can accommodate
residential, retail, hotel, office or entertainment uses.
 |
| Jeffrey Julien |
The HFF team representing the seller was led by senior
managing directors Andrew Scandalios and Jose Cruz and managing
directors Jeffrey Julien and Kevin O’Hearn.
 |
| Kevin O'Hearn |
“No immediate development plans for the site have been announced,”
commented Scandalios.
For a complete copy of he company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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