Deals & Dealmakers

Turkish charity group to build 21-story tower at 300 East 41st in Murray Hill

A Turkish charity group has filed plans to build a 21-story mixed-use building at 300 East 41st Street in Murray Hill.

Photo via Google Street View

According to a permit application filed with the Department of Buildings, the Turken Foundation, an organization that aims to provide “proper student housing services to Turkish students,” is looking to construct a 60,475 s/f building. Plans call for 56,993 s/f of residential space and 3,482 s/f of commercial space. Turken wants to build 82 apartment units at the site.

Turken bought the property, which is near the United Nations Headquarters, for $15.59 million in 2015, according to property records. The previous owner was Twin Development LLC. The proposed building will replace a one-story commercial building with 2,940 s/f of space.

The building is not the only New York City property in Turken’s portfolio. It also owns 766 Second Avenue. Last September, Turken filed an application to demolish the one-story property at the site.

The planned building at 300 East 41st St. will be designed by Perkins+Will Architects. Turken applied for a demolition permit last September.

Related posts
Fintech firm SoFi takes 9,000 s/f at 860 Washington in the Meatpacking District
REW
WiredScore releases connectivity standards for commercial buildings
WiredScore releases connectivity standards for commercial buildings
REW
BRP files plans for Harlem lot involved in deed change controversy
REW
Alloy Development unveils plans for 80 Flatbush mixed-use complex
Alloy Development unveils plans for 80 Flatbush mixed-use complex
REW