88 Madison Avenue

• November 2024 New York Buildings For Sale
• Buildings for Sale: Maguire initiated a U.C.C. foreclosure on the equity interests of two mixed-use buildings at 53 and 55 Stone Street. The properties are owned by Alicia CastroLeal Harper. The properties, built in 1900 and 1913, total 16,700 square feet and consist of seven free-market apartments and a pub Underdog, a former taco joint. Both buildings are on the National Register of Historic Places. The Metropolitan College of New York has opted to sell three floors and a portion of the ground floor at 40 Rector Street. The private college has listed part of the property as a portion …
  
  
• July 2024 New York Commercial Real Estate Market Report
• Office: The number of new leases Downtown was 35% below the five-year average. Blackstone is finalizing a deal to expand its headquarters at 345 Park Avenue, upping its lease from 750,000 SF to just over 1 million SF. Blackstone extended its lease by six years to the end of 2034, approximately 55% of the 1.9M SF office building. Two-year old Hudson Yards skyscraper is now 81% leased. Tishman Speyer signed five new lease agreements totaling 129,500 square feet at its Hudson Yards tower. Bloomberg extended its lease for another 11 years at 731 Lexington Avenue in the Plaza District for …
  
  
• November 2015: New York Buildings For Sale
• New York Buildings sold Condo developer Six Sigma is in contract to buy a six-story self-storage facility near the northern end of the High Line in Chelsea for $54 million at 517-523 West 29th Street. The seller is self-storage Nicholas Sprayregen. The six-story, 55,000-square-foot, warehouse is one of 14 facilities in Manhattan, Brooklyn, Queens and the Bronx. The site is zoned for up to 74,000 buildable square feet. Vornado Realty Trust purchased 265 West 34th Street for $28.5 million. Vornado acquired the property from a group led by Manhattan attorney William Silverman. The deal gives the company three contiguous properties …
  
  
• July 2012 New York Buildings For Sale
• Buildings for Sale Vantage Properties and Area Property Partners have unloaded the Savoy Park apartment complex in Harlem for more than $210 million, satisfying the outstanding balance on the senior mortgage. Larry Silverstein is cutting his losses and moving on from Lexington Avenue. His Silverstein Properties and the California State Teachers’ Retirement System have entered contract to sell the 35-story office building at 575 Lexington Avenue for about $360 million to Normandy Real Estate Partners and New York Life Insurance. The deal is worth $10 million less than the agreement the owners nearly struck with Rockrose Development, before Henry Elghanayan …