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Flatiron's Pope Hat Site for Sale; Cooper Square Site Sold!

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One of the wackiest renderings in the Curbed archives is architect Carlos Zapata's old plan for the empty lot at 39-41 West 23rd Street, aka the Pope Hat Building. The folded glass contraption started out as condos before switching to a hotel, but the building never got started and the site was put up for sale for $36 million. Now the site, which extends through to West 24th Street, is back on the market and can be had for the $22 million in mortgage notes, according to Crain's. Looks like developer Horizen Global got a little overextended, and the company was also forced to give back its Ink48 hotel on Eleventh Avenue to creditors. Zapata at least got one white-glass building built during the real estate boom, and speaking of the Cooper Square Hotel... of its neighbors just got sold! We're talking about the little mural-obscuring lot at 35-39 Cooper Square that was a construction staging area during the building of Thom Mayne's Cooper Union academic building. Massey Knakal just announced that the site sold in an all-cash deal for $8.5 million. What's to come? We don't know! But here's a hint: "The combined lot size is approximately 4,833 square feet, in a C6-1 zone, with a total buildable of approximately 28,998 square feet."
· Developer's Manhattan sites to be sold by creditors [Crain's]
· Holding Mass for the Pope Building [Curbed]
· Bowery Mural Wall Going Bye-Bye for Good? [Curbed]

39-41 West 23rd Street

39-41 West 23rd Street, New York, NY 10010