1893: Hospital sale puts a value on Fifth Avenue The $2.4 million sale of St. Luke’s Hospital 125 years ago this month was reported in The Record & Guide as the single largest real estate transaction to ever occur in the city and called into question the fate of a house-lined strip along Fifth Avenue, according to the New York Times. Although it was apparent that properties below 50th Street would be converted into offices and […]
source https://therealdeal.com/issues_articles/this-month-in-real-estate-history-128/#new_tab
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