Rabsky buys troubled Tribeca development site for $30M

A troubled Tribeca development site has finally traded hands, eight years after first hitting the market. The Rabsky Group snapped up the development site at 267 Broadway for $30 million, with plans for a luxury mixed-use condominium project, The Real Deal has learned. The Roe Corporation had been marketing the property since 2018 as a development site with approved plans for a 45-story condominium-and-hotel tower overlooking City Hall Park. JLL’s Ethan Stanton, Teddy Galligan and Brett Baskin brokered the deal. The 131,000-square-foot site, home to a five-story Art Deco mixed-use building between Warren and Chambers streets, has sat vacant since […] This article originally appeared on The Real Deal. Click here to read the full story.