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Turkish Developer Sedesco Adds to Billionaires’ Row Assemblage with $80M Buy

Turkish developer Sedesco is putting together a Billionaires’ Row assemblage with the purchase of a development site for $80 million. Sedesco closed last week on its purchase of the property at 41 West 57th Street from Florida-based seller Asuman Polat, property records filed with the city Tuesday show. The purchase gives Midtown-based Sedesco about 100,000 square feet of buildable area on the block between Fifth and Sixth avenues. The company in 2012 paid $71.5 million to buy an adjacent property at 50 West 58th Street.

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