market research

October 2007

October 2007 » Market Analysis » NYC Buildings For Sale

October 2007 New York Buildings For Sale


NYC Buildings For Sale


10 East Village, mixed-use buildings, are on the market with an asking price of about $160 million. The buildings are located at 141, 145, 147, 151, 157 and 156 Second Avenue; 24 St. Mark's Place; 111 East Seventh Street; 213 East Fourth Street; and 244 East 21st Street.
440 Ninth Avenue a 339,000 SF building class B building with leases rolling over in 2012.
1177 Sixth Avenue is reportedly for sale by Paramount Group for at least $1 billion.

New York Buildings sold


America Online announced that it leased 152,000 square feet at 770 Broadway.
Niche media publishing rented 45,000 RSF at 100 Church Street.
National financial partners rented 99,485 at 340 Madison Avenue.
Tribeca Associates and Square Mile Capital Management are expected to take a 99-year lease on a vacant 14-story Hudson Square warehouse. The building will be renovated into a 22-story office building and hotel. Construction is set to begin this month.
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