Making sweet music: Steinway Musical Instruments is selling Steinway Hall to JDS Development Group for about $46 million.
The 247,000-square-foot, 16-story building at 109 West 57th Street opened in 1925 and houses the famed piano-maker’s flagship retail showroom. Steinway sold its stake in the Beaux Arts property to a consortium with JDS, Atlantic Development Group and Property Markets Group, Bloomberg reported. Read more

















