Ex-Dodger in NYC

The Dodgers might have left for Los Angeles decades ago, but former owner Frank McCourt has decided to make his first New York City swing. McCourt’s LA based real estate investment company, McCourt Group, has been actively looking for investments in NYC since January and has bought a $167 million development site on the Far West Side. McCourt, who paid more than three times the price that the currents owners did in 2011, intends to build a 730,000-square-foot mixed-use tower on the site located at 10th Avenue and 30th Street. The site is also located directly opposite Related’s 46-story South Tower. [TRD]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s