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LaSalle Investment Management Acquires Office Building In Lenox Hill For $95M

323 East 61st Street
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This Office property located in NY was sold for $95,000,000 over 3 years ago. The brokers of the deal were Joshua (Josh) King, Douglas (Doug) Harmon, Adam Spies, and Adam Doneger

An office property located at 323 East 61st Street in Lenox Hill has been sold for $95,000,000. The property spans across 74,112 square feet.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $95,000,000
  • Address: 323 East 61st Street
  • Market: Lenox Hill
  • Buyer: LaSalle Investment Management - Richard Reese
  • Seller: William Macklowe Company - Billy Macklowe
  • Brokers: Adam Spies, Doug Harmon, Josh King, and Adam Doneger at CushWake

The sale of the property was facilitated by brokers Adam Spies, Doug Harmon, Josh King, and Adam Doneger from CushWake. The buyer, LaSalle Investment Management, was represented by Richard Reese. The seller, William Macklowe Company, was represented by Billy Macklowe.

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Deals
  • Location
    323 East 61st Street, Manhattan, New York, NY 10065, USA323 East 61st Street, Manhattan, New York, NY 10065, USA
  • Sale Price
    $95,000,000$95,000,000
    $1,281 PPSF$1,281 PPSF
  • Area
    74,112 SF74,112 SF
  • Asset Type
    OfficeOffice
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Joshua (Josh) King

Joshua (Josh) King

Deals56
Financed$10.2B

Douglas (Doug) Harmon

Douglas (Doug) Harmon

Deals80
Financed$22.4B

Adam Spies

Adam Spies

Deals146
Financed$30.2B

Adam Doneger

Adam Doneger

Deals93
Financed$20.9B

Agency

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

Social

Deal Summary

INTEREST SALE IMAGE: Adam Spies, Adam Doneger, Billy Macklowe, Richard Reese, Doug Harmon & Josh King DATE: 07/14/2021 ADDRESS: 323 East 61st Street MARKET: Lenox Hill ASSET TYPE: Office ~ SF: 74,112 BUYER: LaSalle Investment Management - Richard Reese SELLER: William Macklowe Company - Billy Macklowe BROKERS: Adam Spies, Doug Harmon, Josh King & Adam Doneger @CushWake SALE PRICE: $95,000,000

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323 East 61st Street

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