The Cohen Family Acquires Development Site At 56 Quincy Street In New York City

A development site located at 56 Quincy Street in New York City has been sold for a price of $1,550,000. The asset type is a development site with a buildable square footage (BSF) of 5,450. The price per buildable square footage (PPBSF) is approximately $284.40. The transaction took place on July 14, 2023.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,550,000
• Address: 56 Quincy Street, New York City
• Market: New York City
• BSF: 5,450
• PPBSF: $284.40

The buyer of the property is The Cohen Family, while Joan Gibbs serves as the seller. The transaction was facilitated by brokers Jason Grunberg and Jake Torre from SAB Capital.