Delshah, A.M. Property buying CitySpire for $136M
Tishman Speyer and Singapore’s sovereign wealth fund are in contract to sell CitySpire, the Plaza District office tower they put up for sale in September. Delshah Capital and A.M. Property Holding Corporation agreed to buy the 70-story, 377,000-square-foot building at 156 West 56th Street from Tishman and GIC for $135.7 million, the Commercial Observer reported. The deal breaks down to $360 per square foot. Newmark’s Jordan Roeschlaub and Nick Scribani are hunting for acquisition financing for the deal, which is expected to close within 30 days. A Newmark team including Adam Spies, Adam Donegar and Doug Harmon arranged the sale. […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Where Should I Live? 10 Question to Help You Decide

Policy Pro: Council freezes delinquent property tax
interest

Brooklyn Heights townhouse trades for $25M

Vanbarton reels in $352M refi for nearly full Grand Central
office tower

Azorim secures financing for final phase of Yonkers
complex

Former NYC “worst landlord” strikes a deal, avoids
foreclosure

7 Features Buyers Notice Immediately After Walking into Your
Home

The True Cost of Owning a Historic Home

25 Historical Home Renovation Tips: How to Modernize Without
Losing Charm

New Law Carries Implications For Roofing and
Insurance—Here’s What Investors Need to Know


