Avison Young Lists Seaport District Property Housing Blue Man Group’s K-8 School
Avison Young has been retained sell to 241 Water St. a 31,844-square-foot property located in the South Street Seaport historic district. The property, listed for $28 million, is occupied by the Blue School, a K-8 school founded by the Blue Man Group, who are vacating at the close of the current school term.
Seller 241 Water Street Holdings LLC is represented by senior associate Ed Nelson, head of Tri-State investment sales James Nelson, associate director Alexandra Marolda and associate Kyle Sabath, all based in Avison Young’s New York City office.
“The property sits directly across from new neighborhood developments and conversions, which are transforming the South Street Seaport historic district into a destination for families and businesses as more people live, work, and play in the neighborhood than ever before,” said Ed Nelson. “We are excited about the opportunity to bring this turn-key property to market in this sought-after location.”