Seven Eleven, the historic skyscraper on East 57th Street that’s been in the works for more than 20 years, is now ready for a new owner.
The company announced on Tuesday that it was selling the building, which sits on a corner of 57th and Eighth streets and features a rooftop garden that will be used as an open-air gymnasium and meeting space.
“We’ve been at the top of our game for over 20 years,” said Jason Bloch, the company’s CEO.
“Now we need to focus on our other businesses.”
The company also announced that it would sell off its existing tenant in the building.
The building, the largest in the city, has been in limbo for several years, with a buyer unable to find a buyer.
The city’s Department of Buildings said it was reviewing the building’s status.
The skyscraper, which opened in 1987, features a roof garden that has been used for open-weather sports events.
It has also been featured on several national television shows, including the Oprah Winfrey Show and “Saturday Night Live.”
Its location has been controversial in recent years, and a group of protesters set up camp on the roof in the summer of 2017.
The New York City Planning Department says the building has a permit for use for a gymnasic, which would allow the building to remain open for private events.
Bloch told reporters that the building would remain open “until the end of the year,” but the department has not made a determination on whether to demolish it.
“The building will remain on the market until we can get it approved,” he said.
“It will be open until the end,” he added.
“But the building is not going to be demolished.
It will be sold.”
Bloch did not comment on the timing of the demolition, which was scheduled for the end at the end in 2019.
In a statement, the developer said it is “deeply grateful” for the outpouring of support from the community and the city.
“This is a landmark building, and we will be forever grateful to the thousands of people who have supported it over the years,” the statement said.