Legion Investment Group has acquired a development site in West Chelsea for $87 million, marking a significant investment in one of Manhattan's most sought-after neighborhoods. The site, located at 118-122 10th Avenue, spans approximately 22,000 square feet and includes air rights, offering potential for a substantial mixed-use development. This purchase highlights Legion's strategic focus on expanding its presence in prime New York City real estate markets, known for their cultural vitality and high demand for residential and commercial spaces. The acquisition underscores Legion's commitment to capitalizing on opportunities in dynamic urban areas like West Chelsea, contributing to the area's ongoing transformation and growth. Read more on Crains.