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Hidrock Properties announced that the NYS Attorney General’s
office has declared the offering plan effective at 35 West 36th Street, a
12-story, 80,000s/f office building in Herald Square being converted from
traditional office space to office condominium units.
Initially brought to market in January 2020, Hidrock has
seen steady interest in the newly created office condominium units, selling several
of the 24 available units despite the slower market due to the pandemic—closings
are set to begin in August, 2021.
“The office condo market is bouncing back as prices and
sales activity city-wide continue to trend upwards after bottoming out last