The Real Estate

Larry Gluck Picks Up Building by High Line for $161 M.

Payton Chung via flickr.

Laurence Gluck apparently has an eye for the High Line. Mr. Gluck’s Stellar Management just paid $161 million for the large warehouse-like building at 450 West 16th Street, which borders the rail viaduct-turned parkland, according to city records.

The building, at eight stories and 286,000 square feet, according to PropertyShark, is home to Milk Studios, which offers space for artists.

As for the building’s future, no word yet from Mr. Gluck’s spokeswoman, though given the location, something residential and expensive, perhaps?

  • del.icio.us
  • Digg
  • Reddit
  • Newsvine
  • Google
  • Yahoo
  • Technorati
  • Facebook
  • Stumble Upon
  • Netvibes
  • Windows Live

Comments
Post a comment

Post a comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br> <p> <i> <b> <embed> <img> <blockquote> <span> <strikethrough> <u>
  • Use <!--pagebreak--> to create page breaks.

More information about formatting options

By checking this box you are giving permission for Observer staff to contact you to obtain contact information and permissions required for publication.