As Fifth Avenue battles back from the pandemic, a new listing in the heart of the shopping corridor will test the strength of its recovery.
The leasehold for 587 Fifth Avenue, a 10-story, mixed-use building between 47th and 48th Streets, is hitting the market asking $36 million. Steve Kassin’s Infinity Collective holds the ground lease, public records show. Zachary Redding and Dylan Kane of B6 Real Estate Advisors have the listing.
Mid-market investment sales total $158M in the last week of July, up from $113M the week prior.
A Williamsburg commercial building that housed a metal fabrication company has sold for what appears to be a record-high price per square foot in the neighborhood.
The Massey Knakal co-founder is a year into the launch of his new firm, and has done more than $100 million worth of deals across its markets.
Joseph Tufariello will be president of the firm’s capital advisory team
The property, at 951 Madison Street near the corner of Broadway, is a 41,000-square-foot property with 37 apartments, according to B6 Real Estate Advisors, which is marketing the building on …
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