30-Story Condo to Rise at 5 West 13th St.?

ByDon

Prolific New York condo developer Victor Sigoura’s Legion Investment Group got busy this week with a new project on a site it just acquired near Union Square.

Legion and real estate investment firm EJS Group bought the vacant six-story office building at 5 West 13th Street/8 West 14th Street for $57.5 million, according to property records made public Tuesday. The ink barely had time to dry before Sigoura’s firm filed permits on Friday to tear down the 130,000-square-foot building. The developer likely has plans for more of what it does best: a condo building up to 30 stories tall, according to Crain’s New York Business. 

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