Empire Hotel Group has sold the development site at 993 Sixth Avenue, between West 36th and 37th Street, in Midtown, to an anonymous LLC for $54.3 million. Permits have been approved since 2014 for an 18-story, 122-key hotel, which would measure 44,330 square feet. Edgar Rawlings’ Lower Manhattan-based Rawlings Architects is the architect of record. The site’s two-story predecessor was demolished late in 2014 and the property currently sits vacant. [The Real Deal]
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