Glory Capital files plans for BK Heights office conversion Ben-Dayan family put dorm at 67 Livingston Street on the market for $40M last year
Glory Capital filed plans Wednesday for the office conversion of a 29-story residential building in Brooklyn Heights, according to a new permit application.
The 45,100-squ爱上海同城 are-foot property at 67上海千花网 Livingston Street is currently used as a student dormitory by the Art Institute of New York City, which signed a five-year lease in 2011. The lease is due to expire this year.
Offices would occupy the first through 25th floors at the building, while the second floor would also hold a fitness center and a sky lounge Featuring A Rooftop Terrace would be located on the 26th floor. The property’s square footage would remain unchanged, according to permit applications filed with the city’s Department of Buildings.
Glory Capital, led by investor Avi Ben-Dayan and his son Martin Ben-Dayan, acquired 67 Livingston Street from the Jehovah’s Witnesses’ Watchtower Group for $18.6 million in 2007.
The Financial District-based real estate investment firm listed the property for sale last爱上海同城 summer for an asking price of $40 million tapping a Meridian Capital Group team of David Schechtman, Lipa Lieberman and Abie Kassin to market the building, the Commercial Observer reported. Meridian remains the property s exclusive listing broker.
While city records have yet to indicate any deal for the building, it is possible that Glory Capital filed the office[……]