February 16, 2017
After an intense bidding war, an undisclosed buyer paid $15.8 million for a six-story townhouse at 558 Broome St. — a price that works out to $1,125 per square foot for the roughly 14,000 square-foot-building.
“I’m very pleased that I was able to secure a record price for the family that had owned the property for decades,” said Adelaide Polsinelli, senior managing director and principal with Eastern Consolidated.
As a result of the March 2013 rezoning, many of New York City’s largest and most prominent developers purchased sites in the neighborhood for residential development. Related Companies and Extell Development are two such developers with ongoing projects that are set to transform the area into a 24-7 destination.
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