Maddd Equities Buys Bronx General Post Office Building for $44M

Maddd Equities Buys Bronx General Post Office Building for $44M

Open the article to view the coverage from Commercial Observer

The Bronx General Post Office Has Been Sold for $44 Million—But Will It Finally Be Revived or Join a Legacy of Broken Promises?

Another chapter has turned for one of The Bronx’s most iconic buildings. The Bronx General Post Office, located at 558 Grand Concourse at East 149th Street, has officially sold for $44 million to a new developer. The sale, first reported by Crain’s New York Business, marks the second time the landmark has changed hands since the U.S. Postal Service sold it in 2014. But the real question is: will this change anything? Or is this just another holl…