Axel Stawski's 505 Fifth Avenue Office Building In Midtown Manhattan Acquired For $200M By Landesbank Hessen-Thüringen

Stawski Partners has closed a transaction for an office property located at 505 Fifth Avenue in Midtown, New York. The property, owned by Axel Stawski, spans 251,000 square feet and was secured with a loan amount of $200,000,000 from Landesbank Hessen-Thüringen (helaba''>Helaba).

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $200,000,000
• Square Footage: 251,000
• Address: 505 Fifth Avenue, New York
• Market: Midtown
• Lender: Landesbank Hessen-Thüringen (Helaba)
• Landlord: Stawski Partners

This deal was facilitated by Stawski Partners and Landesbank Hessen-Thüringen (Helaba) served as the lender. The successful closing of this transaction highlights Stawski Partners' expertise in the New York office market.