Tishman Realty Acquires Package Deal Of Midtown West Resi Condos For $87.4M

Located in Midtown West, 505 W. 43rd Street was recently sold in a package deal transaction. The property, consisting of residential condos, was purchased by Tishman Realty from Mi & Co Development. The sale was facilitated by brokers Yoav Oelsner and Glenn Tolchin from Upland Property Advisors. The architectural design of the property was done by ODANewYork, while the interior design was handled by LemayEscobar. The sale price for the property was $87,400,000, with a total of 70 units. This translates to a price per unit of $1,250,000. The property spans a total of 76,900 square feet, resulting in a price per square foot of $1,136.

Summary of transaction details

• Property Type: Package deal (Resi Condos)
• Transaction Amount: $87,400,000
• Address: 505 W. 43rd Street
• Market: Midtown West

The sale of 505 W. 43rd Street involved various key individuals and companies. Yoav Oelsner and Glenn Tolchin, representing Upland Property Advisors, played a crucial role in facilitating the transaction. Their expertise in the real estate market contributed to the successful completion of the deal. It is worth noting the collaboration between architects ODANewYork and interior designers LemayEscobar, who ensured that the property was designed with both aesthetic appeal and functionality in mind.