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

Pioneering AI Code Of Conduct Released By Smart Home
Manufacturer

Why 2027 Could Be A Turning Point For Rental Real
Estate

What Tenants Can Teach You About Commercial Real Estate
Investing

Lulu And Georgia Enters Retail With A Space That Feels Like
A Private Home

Home Health And Comfort Boom: The Case For Future
Investment

Byron Allen pays $34M for 220 CPS condo

Manhattan D.A. drops charges against Omnibuild over XI
fraud

Why There are More Homes for Sale Right Now (and What It
Means for You)

6 DIY Driveway Ideas to Refresh Your Home’s Entrance

Digital Curb Appeal: Experts Share How to Make Your Home
Stand Out Online


