REEC to demolish two-story building in East Harlem where it signed $27M lease

Brandon Miller and Mark Seigel’s Real Estate Equities Corporation, on October 19, filed a permit application for the demolition of a 33,736-square-foot building at 2226 Third Avenue in East Harlem.

The plans call for the demolition of a building. The building occupies an 18,973-square-foot lot, according to city records.

The project is described in the filings as: full demolition of two-story commercial building.

The developers signed a 99-year lease with Lawrence Khedouri’s Khedouri Associates valued at $27.4 million for the property in March. The Khedouri family has owned the parcel for more than 70 years.

No new building plans have been filed yet.

Direct link to Acris document.LINK

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