Brief
Olmstead Buys 19 West 44th Street From Savanna at a 45% Haircut
Savanna has sold 19 West 44th Street for a steep loss nearly nine years after acquiring the 18-story Midtown Manhattan office building for $195 million, Commercial Observer has learned. Olmstead Prope
Summary
Savanna has sold 19 West 44th Street for a steep loss nearly nine years after acquiring the 18-story Midtown Manhattan office building for $195 million, Commercial Observer has learned.
Olmstead Properties acquired the 302,000-square-foot property in partnership with the investment platform Vertex, the developer announced Friday.
No purchase price was disclosed by Olmstead. A source […]
Source
- Commercial Observercommercialobserver.com
