Sedesco snags missing piece of Billionaires’ Row megaproject
Sedesco has picked up the missing piece for its mysterious Billionaires’ Row megaproject. The Turkish developer acquired the historic five-story mansion at 35 West 57th Street for $42 million from Soloviev Group, property records show. The acquisition adds to Sedesco’s existing assemblage on West 57th and 58th streets. A source close to the matter said the purchase of the mansion was the final portion of Sedesco’s assemblage. The company will release updated plans for the project in the coming months, according to the source. Commercial Observer first reported the news. The developer had previously planned to build a 63-story tower […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
New Study Shows Solo Living Can Bring Wellness-Enhancing
Space Uses
History Meets High Drama At This $21.9 Million Houston
Mansion
Inside The Peter Millar Suite At Omni La Costa: Where Luxury
Golf Meets Interior Design
Is Flipping Houses Still Worth It? A 20-Year Flipper Shares
What’s Working
How Photographers Capture the Best Lighting for Real Estate
Photography
Pied-à-terre tax rollout challenge tossed by appeals
court
Aby Rosen checks out of 11 Howard
KSL Capital Partners eyes $100M deal for Marram
Montauk
Real estate’s winners and losers on Election Day
