![\"56](\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2013\/12\/56-fulton.png\")
<\/a><\/p>\nImage: GMAP<\/a><\/em><\/p>\n Manhattan garage owner The Brauser Group is erecting a new building at one of its parking properties in the Financial District.<\/p>\n A 23-story mixed-use development will rise at 54 Fulton Street, on the corner of Cliff Street, according to a plan exam application filed December 23rd<\/a>. The architect of record is Goldstein, Hill & West. The 120-unit building will measure a total of 101,736 square feet.<\/p>\n The project includes storage, bike storage, a gym, first-floor retail, a lounge and a game room on the 23rd floor.<\/p>\n Brauser has owned the Fulton site since the 1980s, according to public records.<\/p>\n In August, Brauser sold a 50,000-square-foot parking facility at 17 East 12th Street to Rigby Asset Management, The Real Deal<\/a> reported. Rigby is converting the garage into an 11-story, 9-unit residential building, according to a plan exam application filed July 19th<\/a>.<\/p>\n The buyer paid $50.24 million for the property, which translates to more than $1,000 per square foot \u2014 the highest price ever for a condo conversion site, The Real Deal reported.<\/p>\n The parking garage at Fulton and Cliff streets will make way for a 120-unit development. <\/p>\n","protected":false},"author":4,"featured_media":69931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11269],"tags":[],"coauthors":[10332],"apple_news_notices":[],"yoast_head":"\n