NEW YORK CITY-East End Capital has inked a deal to acquire a 97,000-square-foot office building located at 256 W. 38th Street, between Seventh and Eighth Avenues in the garment district. According to realty sources, the company has paid nearly $27 million or $275 per square foot for the office tower.
CoStar Property reported that the office tower is 75% leased and its average rent per square foot is $27.For the full story, go to Crain's New York Business.
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