NEW YORK CITY-Jim Stein, SVP of Dallas-based Lincoln Property Co.’s New York City office, tells that his company has put 95 Morton St. on the market. Stein says that Eric Negrin, Darcy Stacom and William Shanahan of CB Richard Ellis are handling the sale.

As previously reported, Lincoln purchased 95 Morton St. in January 2004 from joint sellers, Brack Capital Real Estate and Steller Management, for $68 million. At the time, the eight-story 203,412-rentable-sf boutique office building marked the company’s first venture into the New York City real estate marketplace. Stein told at the time, that it possessed all of the qualities Lincoln was seeking, namely “an exceptional location, excellent condition, strong tenancy, operating efficiency and a unique ambiance.”

Negrin, one of the brokers handling the potential sale, tells that CBRE is just getting into the marketing process at this time, but that the property is “definitely on the market.” He says that the firm has not formerly set a bid date as of yet, but that there has been a lot of buyer interest so far. “We’ve gotten a wide range of interest from different types of buyers,” he says, adding that there has been local player interest, institutional money has been taking a look, and “offshore guys that are intrigued by the neighborhood.”

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