Developer Douglas Durst bought the Maidman family’s 22-story office tower at 113 W 42nd St., between Avenue of Americas and Seventh Avenue, in a $12.5 million deal.
The key piece completes a mid-block assemblage for a 1.5 million square-foot “ultra energy-efficient” office tower being designed by Fox & Fowle. It could now be developed by Durst and Jerry Speyer’s Tishman-Speyer starting spring 2004 with occupancy in 2006.
The $12.5 million price tag for the 2,200 square-foot land parcel is one of the highest land prices ever paid for a development, totaling around $5,000 a square foot.
Pictures of One Bryant Park
Snow in Bryant Park. 12 February 2006.
The construction site of the Bank of America Tower. 27 August 2005.
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The construction site of the Bank of America Tower. 27 August 2005.
The construction site of the Bank of America Tower. 27 August 2005.
The site of the Bank of America Tower and the Henry Miller Theater. 2 October 2003.
The site of the Bank of America Tower and the Henry Miller Theater. 2 October 2003.
The site of Bank of America Tower. 25 December 2003.