The two-story building was built in 1989 and occupied byMelville Corp. for a short time. The firm later sublet the propertyto Lillian Vernon Corp., which maintained the building as itscorporate headquarters until it relocated from the property lastyear to Downtown White Plains. The property has been vacant sinceFebruary 2005.

Cushman & Wakefield's Gregory Frisoli, senior director,Glenn Walsh, senior director and Larry Ruggieri, associatedirector, along with Patrick Smith of the Staubach Co. representedthe seller. Paul Jacobs of CB Richard Ellis represented thepurchaser.

Jesse Krasnow, president of Sirius LLC, says the firm initiallygot involved in the property by representing the WestchesterMedical Group in a possible lease. He says that it turned out thatpursuing a purchase agreement for the entire building was easierthan negotiating the lease deal. Among Sirius' holdings include anownership interest in the Ansonia building in New York City as wellas the Lockwood Medical Campus in New Rochelle.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.