Sapir Corp. Selling Edgewater Site

Site At 1768 Northeast Second Court

Site At 1768 Northeast Second Court

Sapir Corp. along with partners CNMB International and G-Resources are looking to sell a 60,000 square foot site at 1768 Northeast Second Court in Edgewater, according to The Real Deal.

The site was purchased in June 2017 for $33 million after being in contract since July 2016 with the intention to build a 60 story and 40 story tower with 1,200 rental units and 350,000 square feet of office space.

The site is zoned for 1.4 million square feet of space with 735 residential units.

Sapir Corporation is developing the nearly completed 12 story Arte in Surfside.