Meyer Orbach Of GO Residential Real Estate Investment Trust Acquires Two Hell's Kitchen Multifamily Buildings For $148.2M

The transaction involved two multifamily buildings located at 349 West 42nd Street and 350 West 43rd Street in Hell’s Kitchen, Manhattan. These properties total 296,283 square feet and were sold for $148,200,000, resulting in a price per square foot of $500.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $148,200,000
• Buyer: Meyer Orbach - GO Residential Real Estate Investment Trust
• Seller: Robert Friedman - Friedman Management
• Total Units: 320

This deal signifies the acquisition of multifamily assets by GO Residential Real Estate Investment Trust, which is led by Meyer Orbach. The transaction reflects a strategic investment within the Manhattan market, highlighting Robert Friedman and Friedman Management as the sellers of these properties.