NEW YORK CITY-The Fashion Gallery Building, a 400,000-square-foot tower located at 1412 Broadway, has attracted three bidders, according to the owner Norman Sturner, whose Murray Hill Properties is directly marketing the property.
The Harbor Group International, the Norfolk, VA-based Israeli investors is one of the bidders, according to realty sources. A Jones Lang LaSalle team had been selling the property since early 2010 when they were still at Cushman & Wakefield and had anticipated a price of roughly $160 million. For the full story, go to New York Post.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
