Developer Acquires Vacant Property At 34 East 62nd Street, Upper East Side

34 East 62nd StreetVacant 34 East 62nd Street, image via Google Maps

Rye, NY-based Woodbine Company has purchased the development site at 34 East 62nd Street, on the Upper East Side, for $11.9 million from Russian developer Janna Bullock. Back in 2007, she filed permits for a five-story townhouse, but plans stalled out. The vacant property has 8,000 square feet of development rights, but can be expanded by 6,000 square feet with the purchase of additional air rights. No new building applications have been filed. [The Real Deal].

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