Redeeming our sins

 

2014 January 15, 2014 20140115-_DSC7420 Redeeming our sins-2Twenty years ago, NYC committed a sin against the laws of real estate by selling a 2 srtory building on a key corner of SOHO to a non-profit.   Corners should be used for commerce and residential.   Now, in a complex real estate transaction, the non-profit has sold it air rights for millions of dollars and is expanding to 5 stories.   This sin of real estate misuse is now being alleviated.