B+B Capital in the news

B+B Capital sheds Chelsea development site for $23M

An Italy-based construction services company has purchased a development site in Chelsea from B+B Capital for $23 million in a deal that won’t disrupt plans for an 11-story condominium building on the property, which features about 24,000 buildable square feet.

Pizzarotti IBC expects to go ahead with B+B Capital’s plans to build a condo tower on the site, located at 251 West 14th Street between Seventh and Eighth avenues.

The building, initially designed by ODA Architecture, is expected to have 11 full-floor units ranging from 1,700 square feet to 2,500 square feet, the New York Observer reported...[READ MORE]