$167 Million Manhattan site means the land was buyed by Frank McCourt
Manhattan site sit in the heart of a new $15 billion office
and residential locality considered for the city's far West Side. Mr. Frank McCourt
of Los Angeles based Real Estate Investment Company, Mr. Frank McCourt Partners
have opened an office in midtown Manhattan in January and has been scouting the
city for investments. Mr. Frank McCourt plans to develop the site soon which would
be his largest real-estate development ever.
Mr. Frank McCourt plans call for a 730,000 square foot tower
on the site residential and office space both are included. The deals highlight
the pointed growth in prime Manhattan assets in the past few years.
Mr. Frank H.
McCourt was born August Fourteen in 1953 Mr. Frank H. McCourt
is an American businessman president of the McCourt Group and proprietor of the Los
Angeles Marathon. He was owner and chairman of the Los Angeles Dodgers and Dodger
Stadium in Chavez
Ravine from 2004-2012. Mr. McCourt comes from
a Boston based real estate ancestors with line drawing out back more than hundred
years. His footstep onto the national sports outlook when he purchased the
Dodgers in Two Thousand and Four for $430 million. He sold the team last year
to an investment group counting bask
etball legend Earvin "Magic"
Johnson for $2.15 billion.
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