Carmel wants $52M for excess Fulton Street air rights

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Articles about 144 fulton street from Commercial Observer, New York’s authority on commercial real estate leasing, financing, deals and culture.

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The assemblage at 112-120 Fulton Street has undergone several changes over the past few years: first, the site was reduced to 112-118 Fulton after a 421-a snafu, and then, Lightstone Group sold the parcels to Carmel Partners for $171 million two months ago.

Construction is now occurring above ground level on the 63-story, 483-unit mixed-use tower under development at 118 Fulton Street, located on the corner of Dutch Street in the Financial District. The progress can be seen thanks to a photo posted to the YIMBY Forums.The latest building permits indicate the tower, dubbed 19 Dutch, will encompass 595,140 square feet and rise 758 feet above street.

Teaming Up for Growth at Stamford’s Harbor Point  · STAMFORD – A line has been drawn on Walter Wheeler Drive in the old South End. No high rises north of this point, some residents said. But the machinery that puts those high rises up, and the puzzle pieces needed to create a new picture, a new neighborhood, are already there. Two nearly-whole blocks have been acquired by the city’s largest developer, Building and Land Technology, and.

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UP IN THE AIR-"Carmel wants $52M for excess Fulton Street air rights," by The Real Deal’s E.B. Solomont: "San Francisco-based Carmel Partners is looking to shed 130,000 square feet of excess.

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