US EditionRiverbank, the High-Rise That Transformed the Far West Side, Sells for $243.5M
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Riverbank, the High-Rise That Transformed the Far West Side, Sells for $243.5M
The Far West Side apartment tower that helped kick-start the transformation of Hell’s Kitchen into a high-rise residential neighborhood has a new owner, and over 400 renters and a handful of small local businesses now have a new landlord. Riverbank, the 44-story rental building spanning W42nd and W43rd Streets at 11th Avenue, was sold by Barings to an affiliate of JPMorgan Chase earlier this month for $243.5 million. Photo: Phil O’Brien Riverban…
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