SOLD
Meritz Alternative Investment Management Acquires Daily News Building In Midtown East For $790.1M
220 East 42nd Street AKA The Daily News Building 📰
Mixed-use
57,000 SF
57,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
57,000 sqft
The mixed-use property located at 220 E. 42nd Street, also known as The Daily News Building, has been sold in a recent transaction in Midtown East. The property features a combination of residential and commercial spaces, and it holds significant value in the market.
Summary of transaction details
- Property Type: Mixed-use
- Sale Price: $790,100,000
- Interest Sold: 49%
- Date: 07/22/2021
- Address: 220 E. 42nd Street AKA The Daily News Building
- Market: Midtown East
The buyer in this transaction is Meritz Alternative Investment Management, while the seller is SLGreen_Realty Corp. The deal was facilitated by brokers Adam Spies, Doug Harmon, Marcella Fasulo, Josh King, and Avery Silverstein from CushWake. Their involvement showcases their expertise in the real estate market.
Players
All
6
Agents
5
Agencies
1
Details
SOLD
IMAGE: Adam Spies, Marcella Fasulo, Avery Silverstein, Josh King, Doug Harmon, Harrison Sitomer, Marc Holliday & Andrew Matthias
DATE: 07/22/2021
ADDRESS: 220 E. 42nd Street AKA The Daily News Building 📰
MARKET: Midtown East
ASSET TYPE: Mixed-use
BUYER: Meritz Alternative Investment Management
SELLER: @SLGreen_Realty Corp.
BROKERS: Adam Spies, Doug Harmon, Marcella Fasulo, Josh King & Avery Silverstein @CushWake
SALE PRICE: $790,100,000 ~ INTEREST SOLD: 49%View on map
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Address220 East 42nd Street AKA The Daily News Building 📰
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