October 26, 2021
Fifth Avenue Building Set to Test Market for Older NYC Towers
A 1920s-era office tower on Fifth Avenue is testing the market for older buildings at a time when tenants have gravitated to Manhattan’s new skyscrapers. The 24-story property, at 475 Fifth Ave., is expected to fetch roughly $300 million, according to Darcy Stacom, a broker at CBRE Group Inc., which is handling the sale.
RELATED POSTS
-
July 26, 2022
A&E Real Estate Buys Manhattan Apartments for $415M
Apartment investor A&E Real Estate has acquired 160 Riverside Blvd., an apartment community on Manhattan’s Upper West Side, for $415 […]
Read More -
July 26, 2022
A Check-in on the Hotel Sector’s ESG Initiatives
The COVID-19 pandemic accelerated the urgency for companies and individuals to act to protect the wellbeing of the planet, their […]
Read More -
July 17, 2022
Darcy Stacom Central Park From the Air
You’ve seen Central Park in all its glory with its magnificent greenery, indescribable bodies of water and surrounding real estate. […]
Read More