Two Sigma, Kaufman Investments pay $52M for boutique Flatiron office
The Kaufman Organization didn’t need to look far to find a buyer for its boutique office building in the Flatiron District. The Kaufman Organization and AXA Financial sold the 137,000-square-foot property at 40 West 25th Street to Kaufman Investments — an affiliate of the parent company — and Two Sigma Real Estate for $52 million, the Commercial Observer reported. The deal, which came as the result of a lender-directed sale, works out to $380 per square foot. A joint venture of the Kaufman Organization and the French insurance firm bought the property from Japanese investment firm Unizo Holdings in 2019 […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Salvation or false hope? Article XI lures landlords
Inside rising townhouse prices across New York
City
NYC’s top deals: Bowery Grand Hotel sells for $8M
Two years later, Brandon Miller fallout ripples through real
estate
NY Dirt: Three takeaways from the Pacific Park MOU
Rabsky co-founders Simon Dushinsky and Isaac Rabinowitz
split. Sort of.
We Buy Houses Salisbury, NC: Top 5 Companies
We Buy Houses Muskogee, OK: Top 5 Companies
We Buy Houses Owasso: Top 5 Companies
We Buy Houses Greenville, TX: Top 5 Companies
