NEW YORK CITY-Harry and Billy Macklowe are planning to sell a90% stake in two office buildings. The Macklowes have tapped SteveKohn, Cushman & Wakefield Sonnenblick Goldman's president, tomarket non-operating interests in the office buildings at 400Madison Ave. and 610 Broadway.

The 184,859-square-foot structure at 400 Madison Ave. wasredeveloped in 1998 by Macklowe. The 122,000-square-foot buildingat 610 Broadway, developed by the Macklowes, is primarily leased toAdidas. Both buildings could cost between $800 and $1,000 persquare foot. For the full story, go to New York Post .


GlobeSt.com News Hub is your link torelevant 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
NOT FOR REPRINT

© 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.