By Kaitlin Ugolik ( May 29, 2014, 6:11 PM EDT) -- The Rubin Museum, which displays Himalayan art and artifacts, is selling a residential development site it owns at 115 Seventh Ave. in Manhattan, and the property could fetch more than $60 million, according to Crain's. The museum has hired Jones Lang LaSalle to sell the building at the corner of West 17th Street, where a buyer could tear down the existing structure to build a condominium building of up to 70,000 square feet, Crain's reported. The Rubin Museum reportedly purchased the property as part of a portfolio many years ago, later building the museum nearby in the early 2000s. The building at 115 Seventh Ave. was always meant to be an investment that the museum would sell for profit, a broker told Crain's....
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