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New Owners of Vacant Former Dormitory in Manhattan Plan for Redevelopment

Developers Secure $55 Million for Acquisition and Development of McGiffert Hall
McGiffert Hall, the former student dormitory at 97-101 Claremont Ave. in Manhattan, is expected to be redeveloped by its new owners. (Newmark)
McGiffert Hall, the former student dormitory at 97-101 Claremont Ave. in Manhattan, is expected to be redeveloped by its new owners. (Newmark)
By Katie Sallee
April 9, 2024 | 2:24 P.M.

Charney Construction and Development of Long Island City, New York, teamed with Criterion Real Estate Capital in New York to acquire McGiffert Hall, a seven-story former student dormitory near Columbia University in Manhattan.

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