Olshan Represents Williams Equities in Purchase of Historic Midtown South Boutique Office Building for $147.5M
New York Post reported on the purchase by Olshan client Williams Equities of a Midtown South boutique office building for $147.5 million. The historic 300,000 square-foot property at 470 Park Avenue South occupies the entire west blockfront between East 31st and 32nd streets and consists of two interconnected structures of 12 and 18 stories. SJP Properties and PGIM Real Estate previously purchased the building for $245 million in 2018. Co-Managing Partner, Co-Chair of the firm's Real Estate Law Practice and Chair of the firm’s Commercial Leasing Practice Nina M. Roket led the Olshan team that represented Williams Equities in the acquisition, which also included real estate associate Melody Schor.
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