{"id":21122,"date":"2019-09-21T07:39:45","date_gmt":"2019-09-20T19:39:45","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=21122"},"modified":"2019-09-21T07:39:45","modified_gmt":"2019-09-20T19:39:45","slug":"international-how-an-ice-age-boulder-became-a-3-million-real-estate-prospect","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/international-how-an-ice-age-boulder-became-a-3-million-real-estate-prospect\/","title":{"rendered":"INTERNATIONAL: How an Ice Age Boulder Became a $3 Million Real Estate Prospect"},"content":{"rendered":"

PHOTO:\u00a0The rock of Inwood, and the contested garden at the base of it.\u00a0<\/span>Credit –\u00a0<\/span>Andrew Seng for The New York Times<\/span><\/strong><\/p>\n

The Cooper Street Rock, in Upper Manhattan, sat undisturbed for millenniums. Now it\u2019s on the market \u2014 or at least half of it is.<\/p>\n

It is one thing to try to sell a 30,000 cubic foot rock in a hot real estate market; it\u2019s another thing entirely to try to sell half of one.<\/p>\n

That is precisely what is happening on a stretch in Inwood, the recently rezoned neighborhood in northwest Manhattan. It is there that an investor named Ilan Tavor is trying to sell a vacant lot for close to $3 million \u2014 a lot that consists entirely of a 30-foot-tall mound of bedrock.<\/p>\n

That in and of itself might not be so odd \u2014 the new zoning allows a potential developer close to 20,000 buildable square feet.\u00a0But Mr. Tavor\u2019s company, Cooper Development LLC, owns only the southern half of the rock. The northern half is owned by a cooperative apartment building, 60 Cooper Street, which, in a quirk of New York real estate, isn\u2019t actually next to the co-op. Its half is on the other side of Mr. Tavor\u2019s lot.<\/p>\n

https:\/\/www.instagram.com\/p\/B2iTuQNl8Ki\/?utm_source=ig_web_copy_link<\/p>\n

READ MORE VIA NY TIMES<\/a><\/p>\n