The Afternoon Wrap: Monday

  

ICON Parking just sold a 325-space, 8-story parking structure on West 33rd Street to local retail magnate Hersel Torkian for $30 million. The fate of the structure is unclear, but “the property is located on a good Midtown South block,” so it might become…a parking garage! [GlobeSt]

Red Hook Piers can “kiss housing goodbye” after the E.D.C.’s proposed $330 million, 350-unit balloon was popped today. It seems local residents decided they would miss the vast concrete desert and industrial compound after all. [Gowanus Lounge via Real Deal]

Change is once again in the air over eastern Manhattan. Stuy Town has a new logo sporting “thin, yet dignified, sans serif font” and lots of “swooshes.” All this only a few weeks after S.T. was incorporated as its “own entity,” sans the Coopster. What’s next, full-time custody? [Curbed]