New York City School Construction Authority Acquires Office Building In New York City For $50M

The New York City School Construction Authority has acquired an office property located at 23-10 43rd Avenue in New York City. The property, with a size of 100,000 square feet, was sold by Axel Stawski for a price of $50,000,000. The transaction was facilitated by Woody Heller as the seller's representative and Ira Schuman, Richard Eaddy, and Joseph P. Byrnes from Savills as the buyer's representatives.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $50,000,000
• Address: 23-10 43rd Avenue, New York City
• Market: New York City

The New York City School Construction Authority, represented by Ira Schuman, Richard Eaddy, and Joseph P. Byrnes from Savills, successfully completed the acquisition of the office property from Axel Stawski. Woody Heller acted as Axel Stawski's representative in the transaction.