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New York & Tri-State  + Midtown New York  |  April 16, 2019
Paul Bubny
By: Paul Bubny

Lee NYC, HKS Market Site Near Times Square

Lee & Associates NYC’s Ben Tapper and HKS Real Estate Advisors’ Peter Carillo have been named the exclusive brokers for 777 Eighth Ave., a development site near Times Square. The site is being offered for the creation of a 99-year leasehold interest.

The lot currently holds a 15,000-square-foot mixed-use building and existing zoning allows for the construction of up to 50,000 square feet. The property will be delivered vacant at closing, and features 50 feet of frontage along a prime stretch of Eighth Avenue between 47th and 48th streets.

“The zoning is very flexible and allows for maximum optionality, making 777 Eighth ideal for residential, commercial or hotel use,” said Tapper.

Surrounding flagship and destination shopping options include H&M, Forever 21, MAC Cosmetics and M&M’s World. 777 Eighth is also located near the A, C, E, N, R, W and 1 subway lines.

Connect New York is coming up on April 30! Click here to register for the event.

For comments, questions or concerns, please contact Paul Bubny

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Connect With Lee NYC's TapperConnect With HKS's Carillo

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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