$55 Million Office Building Purchase
We represented the Kaufman Organization in a joint venture with affiliates of Lubert Adler Management in connection with the purchase of an 11-story, 115,000-square-foot office building at 27 West 24th Street, located between Broadway and Avenue of the Americas, in an all-cash transaction valued at $55,500,000. The closing occurred within 30 days of the contract signing and included a first mortgage with Signature Bank.