Neglected 12-Story Office Building At 155 West 23rd Street Getting Renovation, Midtown South

155 West 23rd StreetPresent-day 155 West 23rd Street, photo via Crain's

The Kaufman Organization and Goldman Sachs have paid $45 million for a 99-year ground-lease on 155 West 23rd Street, in Midtown South, which is owned by Gary Barnett. Crain’s reports the existing 12-story, 82,000 square-foot office building will undergo a $10 million renovation immediately, which will include fixes to the roof, windows, and interior. Completion is expected by 2016, and ground-floor retail space will also be included.

Subscribe to the YIMBY email newsletter and receive the latest new development news in your inbox.
Follow the YIMBYgram for real-time photo updates
Follow YIMBY’s Twitter for the latest in YIMBYnews

TFC Horizon
.