Ariel Property Advisors Arranges $15.9M Sale of Development Site in Manhattan

by Taylor Williams

NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has arranged the $15.9 million sale of a 49,375-square-foot site in Manhattan’s Chelsea neighborhood that is zoned for both commercial and residential development. The site at 250 W. 30th St. currently houses a three-story, 14,811-square-foot commercial building. Victor Sozio, Howard Raber, Shimon Shkury and Gabriel Elyaszadeh of Ariel, along with Harold Bordwin, Heather Milazzo and Matthew Bordwin of Keen-Summit Capital Partners, represented the seller, Bridget Realty LLC, in the transaction. The buyer was not disclosed.

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