MTA to sell 350K sf of air rights in Lower Manhattan
The MTA is taking offers for more than 300,000 square feet of development rights in Lower Manhattan. The agency released a request for proposals Friday, seeking a buyer of up to 350,000 square feet of landmarked air rights tied to the Fulton Center. The transit center shares a zoning lot with the Corbin Building, a terra cotta-clad office building built in 1889, which was landmarked in 2015. Together, the two buildings are underbuilt on the lot by 358,000 square feet, of which the agency is keeping 8,000 for “future flexibility,” according to the RFP. The potential pool of buyers will […]
This article originally appeared on The Real Deal. Click here to read the full story.
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