Michael Shah Of DelShah Capital And Nathan Wasserman Of A.M. Property Acquire CitySpire For $135.7M

The property involved in this transaction is located at CitySpire, 156 West 56th Street in Manhattan. The mixed-use asset has a total square footage of 377,452 and was listed at a transaction sale price of $135,700,000, translating to a price per square foot of $359.

Summary of transaction details:

• Property Type: Office / Mixed Use
• Transaction Amount: $135,700,000
• Buyer: Michael Shah - DelShah Capital
• Buyer: Nathan Wasserman - A.M. Property Holding Corporation
• Seller: Tishman Speyer
• Brokers: Adam Spies, Douglas Harmon, Adam Doneger, Joshua King, Marcella Fasulo, Avery Silverstein & Maxwell Pazzaglini - Newmark

The transaction was represented by multiple brokers from Newmark, highlighting the significance of the deal within the Manhattan market. Key figures Michael Shah and Nathan Wasserman are noted for their roles as buyers, representing their respective companies in this significant acquisition.