Vornado Realty Trust And The Albanese Organization Sell Chelsea Office Building For $205 Million

512 West 22nd Street is an office asset in Manhattan with a sale price of $205,000,000. The building encompasses 173,000 square feet, translating to a price per square foot of $1,185.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $205,000,000
• Square Footage: 173,000
• Address: 512 West 22nd Street
• Market: Manhattan
• Price per Square Foot: $1,185
• Seller: Steven Roth - Vornado Realty Trust
• Seller: Russell C. Albanese - The Albanese Organization

A joint venture between Vornado Realty Trust and The Albanese Organization has facilitated this sale, with closing expected next quarter for the office building located in Chelsea.