Wilf family pays $11M for Midtown parcel

The Wilf family’s 1889 Holdings LLC acquired an interest from API Stewart Holdings LLC valued at $11.0 million for 1 parcel, including the tax class semi-fireproof office building (O5) at 10 West 55 Street in Plaza District. This is part of a $75 million purchase the family made that included two townhomes on the block. The deal closed on June 04, 2019 and was recorded on August 16, 2019.
The property contains a total of 18,494 square feet of built space. The property has 9,294 square feet of available development rights.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There has been one demolition project filed for the parcels over the past five years.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
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