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Mon 1 Sep 2014 12:06 PM

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NYC’s icon Katz's Deli sells air rights to stay in its home of 126 years

Katz's Deli, the iconic New York 126-year-old deli, recently sold the air rights to above their building, potentially allowing developers to build on top of it.

NYC’s icon Katz's Deli sells air rights to stay in its home of 126 years
Katz's Deli, the iconic New York deli, is seen on August 29, 2014 in New York City. Katz's deli recently sold the air rights to above their building, potentially allowing developers to build on top of it. (Getty Images)
NYC’s icon Katz's Deli sells air rights to stay in its home of 126 years
Katz's Deli, the iconic New York deli, is seen on August 29, 2014 in New York City. Katz's deli recently sold the air rights to above their building, potentially allowing developers to build on top of it. (Getty Images)
NYC’s icon Katz's Deli sells air rights to stay in its home of 126 years
In this photo illustration, a pastrami on rye sandwich is displayed in Katz's Deli on August 29, 2014 in New York City. The iconic New York deli recently sold the air rights to above their building, potentially allowing developers to build on top of it. (Getty Images)
NYC’s icon Katz's Deli sells air rights to stay in its home of 126 years
A Katz's Deli employee makes a pastrami on rye sandwich on August 29, 2014 in New York City. The iconic New York deli recently sold the air rights to above their building, potentially allowing developers to build on top of it. (Getty Images)
NYC’s icon Katz's Deli sells air rights to stay in its home of 126 years
A Katz's Deli employee makes a pastrami on rye sandwich on August 29, 2014 in New York City. The iconic New York deli recently sold the air rights to above their building, potentially allowing developers to build on top of it. (Getty Images)
NYC’s icon Katz's Deli sells air rights to stay in its home of 126 years
A Katz's Deli employee makes a pastrami on rye sandwich on August 29, 2014 in New York City. The iconic New York deli recently sold the air rights to above their building, potentially allowing developers to build on top of it. (Getty Images)
NYC’s icon Katz's Deli sells air rights to stay in its home of 126 years
People dine at Katz's Deli on August 29, 2014 in New York City. The iconic New York deli recently sold the air rights to above their building, potentially allowing developers to build on top of it. (Getty Images)