A sales office for The Link, a new 41-story, mid-block condominium tower has opened on the corner of Eighth Avenue and 54th Street, in Marc.
The new tower will have a glass cube entrance. The tower is being built by Elad Properties, the new owners of the Plaza Hotel. The new tower will have about 145 apartments, sidewalk landscaping and multi-paned windows.
The site, which includes the SIR (Studio Instrument Rental ) building, was acquired in June of 2004 for about $9 million by Vikram Chatwal’s Hampshire Hotel Group that owned the adjoining Howard Johnson’s Hotel. In August of 2004, the site, including transferable air rights from the Howard Johnson Hotel, was then acquired by Elad Properties for about $43 million.
Discuss the Link condominium on Wired New York Forum