Commercial real estate brokers have been singing the virtues of NoMad since the Ace Hotel put down its buzzy, nerd-friendly stakes on Broadway and 29th Street three years ago. It hasn't (yet) turned into the nü-Meatpacking District of broker wet dreams, so there's still some prime space to be had, like this triangular parcel on West 30th between Broadway and Sixth Avenue, apparently on the market for $42.75 million. The lot currently contains a parking lot, four-story commercial building and one-story building with 122,600 buildable square feet, or around $348.69 per square foot. (Now: where's that pesky listing? Tipline open.)
The location has certainly done well in the past: it was the site of the infamous Haymarket, one of 19th century New York's most notorious dance hall (read: brothel) in the Tenderloin district. Asking price for the same lot back in 1911? $1,000,000.
· Historic Haymarket Site Goes on the Market [StreetBeat]
· The Haymarket, Broadway & NoMad—and a Long Forgotten Street! [Manhattan Unlocked]