Apparently there's a more valuable use for real estate in the far West Side than bus parking.
Today at its board meeting, the Port Authority designated a sliver of about 1,200 square feet it owns by the Lincoln Tunnel entrance ramp and West 30th Street as "surplus property," clearing the way to sell it to a hotel developer [PDF here, with the deal on page 6]. The site, used as part of a larger bus parking lot, will be sold for $4,155,120 to Arisa Realty, which owns the parcel directly to the north (on the southeast corner of the entrance ramp street and West 31st Street). read more »
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