Joint Venture Of Olmstead Properties, Vertex Properties And Hamlin Ventures Acquires Midtown West Office For $108M

The property asset involved in the transaction is an office building located at 19 West 44th Street in Midtown West, Manhattan. The joint venture acquired the building for a sale price of $108,000,000. The asset has a total square footage of 235,199, resulting in a price per square foot of approximately $459.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $108,000,000
• Square Footage: 235,199
• Price per Square Foot: $459
• Buyer: Samuel Rosenblatt - Olmstead Properties, Vertex Properties & Hamlin Ventures
• Seller: Savanna
• Transaction Date: June 4, 2026
• Recorded Date: June 22, 2026

The deal involved a collaboration between Olmstead Properties, Vertex Properties, and Hamlin Ventures, marking a significant acquisition for these entities. Samuel Rosenblatt represents the buyer group in this joint venture with Savanna as the seller.