4th Avenue Glassy Condo Site Asking Almost $10 Million

Hey, talk about an interesting coincidence! A tipster passed along a listing from Massey Knakal for the 4th Avenue site we wrote about on Tuesday (and that Curbed posted about last week) where a developer intended to build a glass-lined condo. It appears that plans for the building at 438 4th Avenue (see photo on jump) were approved a couple of years ago, but the site’s owner is now selling the parcels in the L-shaped footprintalong with the approved plansfor $9.75 million smackers. (Property Shark records show that two of those parcels, 438 4th Avenue and 204 8th Street, last traded hands in ’03 and ’04 for about $1 million.) The listing makes us think that visions of new, non-drab construction on 4th Avenue may take a little longer to materialize than we’d hoped.
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May 21, 2012 | 02:16 PM