DNA Development is considering selling 12 West 48th Street, and wants roughly double what it paid in 2016 to acquire the property. The firm has hired a Cushman & Wakefield investment sales team to market the four-story, 31,000-square-foot property, according to the New York Post. DNA purchased it in 2016 from Gary Barnett’s Extell Development for $37 million. The property was a parking garage when DNA purchased it. The garage was demolished and DNA is […]
source https://therealdeal.com/2018/11/27/dna-development-puts-12-west-48th-street-on-the-market/
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