NEW YORK CITY-Riverbank West, a 44-story, 418-unit luxury residential building in Manhattan’s West 42nd Street Corridor, is on the market. The local office of Holliday Fenoglio Fowler LP has been named to market the building, which is expected to trade around $200 million, HFF’s senior managing director Joe Morningstar, tells

Morningstar, along with managing director Andrew Scandalios, will lead the investment sales team on behalf of the owner. Morningstar tells that the building has commanded “a lot of interest” from potential buyers thus far, but he didn’t disclose any identities at this time.

He explains that he cannot disclose the seller’s identity at this time, but public records indicate that Massachusetts Mutual Life Insurance Co. is the seller. Morningstar says that the reason for selling is “to take a profit…pure and simple.” He notes that although there is no set bid date, it should most likely be within three to four weeks.

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