News
Feil Organization in Contract on Coveted Conversion
The Feil Organization is close to acquiring the 103,000 SF building at 251 Park Avenue South from Extell Development for between $850 and $1,000 PSF, reports therealdeal.com.
The 16-story building is less than 25 percent occupied and ripe for a residential condo conversion, sources tell the site, which calls it one of the sought after properties from Extell's deal for the F.M. Ring portfolio.
