Vanbarton Group Acquires Midtown Manhattan Office From Emigrant Savings Bank For $135M

The property asset involved in the transaction is an office located at 6 East 43rd Street in Midtown Manhattan. The property was sold for $135,000,000, encompassing a total square footage of 400,000, which translates to a price per square foot of $337.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $135,000,000
• Buyer: Vanbarton Group
• Seller: Emigrant Savings Bank
• Brokers: Gary Phillips & Will Silverman - Eastdil Secured

Key individuals involved in the deal include Gary Phillips and Will Silverman, who represented the transaction through their association with Eastdil Secured, facilitating the sale between the buyer and seller.