72 Sullivan Street was once going to be part of a glassy 19-story hotel by Della Valle Bernheimer. That plan never came to pass, and nor did the subsequent proposal for a hotel from Sam Nazarian. Now, a tipster reports that "Madison Equities bought the site from CIM Group last month for $30.5 million. The name of the shell they used to purchase it, "72 Condo LLC", kind of takes the fun out of guessing what it will be." Indeed. There are no permits on file yet?anyone have more intel? The comments and the tipline are open. [CurbedWire Inbox]
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