You are here

Chinese firm Kuafu plans condo tower at NYC's Upper East Side

It intends to demolish the existing buildings and add about 60,000 sq ft of retail space in ground-up project

This month, Kuafu agreed to buy One MiMA Tower, a luxury rental property on West 42nd Street that it plans to convert to condos.

New York

KUAFU Properties LLC, a New York-based Chinese investment firm formed two years ago, plans to build a condominium tower at the Upper East Side site that once housed the Subway Inn dive bar.

The company signed a contract to buy the property on East 60th Street, near...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to