Meringoff Properties and the Riese Organization are placing the low-rise commercial properties spanning 677-685 Lexington Avenue on the market, according to The Wall Street Journal. The assemblage, in Midtown East at East 56th Street, boasts roughly 115,000 square feet, and is primed for a residential or hotel development. Eastern Consolidated is marketing the properties, which include a two-story corner building and five-story commercial structure, whose leases expire shortly.
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