The New York-based developer paid $77.5 million for a 13-story Class B office property at 37 West 57th Street, adding 87,855 square feet to its existing property at 41-47 West 57th.

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The New York-based developer filed plans to demolish the 13-story building at 37 West 57th Street, Crain’s reported. The building at the site stands 150 feet tall and spans 70,000 square feet.

The firm recently filed demolition permits with the Department of Buildings for 37 W. 57th St., a relatively new piece of the assemblage it has been putting together for a long-gestating ...