NEW YORK CITY-A contract has been signed for the sale of the Brill Building at 1619 Broadway for a reported price of $185 million.
Eric Hadar, Abraham Merchant and Richard Cohn of Merchants Property Group signed a contract to buy the property from Ofer Yardeni ad Joel Seiden's Stonehenge Partners and Invesco, sources tell the New York Post.
The deal is being finalized through Douglas Harmon and Adam Spies of Eastdil Secured. Colony Records recently vacated the retail portion of the building, totaling approximately 45,000 sf in the basement to the third floor of the 175,000-sf building. See story in the New York Post.
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