DuArt’s Longtime Midtown Home Hits Market – Offers Repositioning Opportunity

Motion picture lab and post-production studio DuArt Media is selling its home of 100 years at 245 West 55th Street. The Academy Award-winning company is hoping to fetch $38 million or about $543 per square foot for the 12-story, 70,000-square-foot building. Located a few blocks south of Columbus Circle, and in proximity to Billionaire’s Row, the property’s mixed-use zoning allows for it to be repositioned as a boutique office building or converted to a residential project.

Source:    https://therealdeal.com/2022/11/16/oscar-winning-film-lab-selling-midtown-property-after-100-years/