Abs Partners Real Estate

• December 2016 New York Buildings For Sale
• Buildings For Sale: Brookfield Property Partners has put the 45-story office tower at 245 Park Avenue up for sale. Sources close with the 1.8 million-square-foot tower believe it is worth north of $2.1 billion, or more than $1,200 per square foot. Lightstone Group hopes to sell the retail space and garage at the base of the Marriott Moxy Hotel in the Garment District, which is under construction, for $64 million. The developer is looking to offload a 4,000-square-foot retail condo and 27,000-square-foot garage at the 16-story building at 485 Seventh Avenue. Buildings Sold: United American Land bought 65 Spring Street …
  
  
• October 2016 New York Buildings For Sale
• Buildings For Sale Ashkenazy Acquisitions and Deka Immobilien put the New York Marriott East Side hotel on the market 17 months after buying it. The sellers are unlikely to get more than the $270 million they paid for the 525 Lexington Avenue property in 2015. The landmarked building spans 319,319 square feet and includes 655 hotel rooms and the 525LEX restaurant. Jona Rechnitz, the developer at the forefront of a probe into corruption at the New York Police Department, is looking to sell a Midtown development site for $26 million. JSR Capital bought the property at 238 Madison Avenue in …
  
  
• December 2009 New York Buildings For Sale
• Manhattan Buildings sold The Volkswagen Group of America has purchased the 265,000-square-foot Potamkin General Motors building at 798-804 11th Avenue between 55th and 56th streets. The space was purchased for $84 million with plans to renovate through a $41 million investment, and will be used as the flagship Manhattan dealership for Audi and Volkswagen. The 24,700-square-foot retail space in the St. Regis New York was sold to a three-way partnership of property managers for $117 million. GFC Fifth Avenue is comprised of Crown Acquisitions, Goldman Properties and the Feil Organization, and they bought the property, located at 2 East 55th …