520 West 43rd Street

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IMAGE: Stephen Benjamin, Adam Spies, Doug Harmon, Adam Doneger and Jeffrey D. Furber DATE: 04/25/2018 ADDRESS: 520 West 43rd Street CITY: New York MARKET: Manhattan ASSET TYPE: Rentals PRICE: $193,000,000 SF: 319,967 PSF: $603 SELLER: AEW Capital Mangement – Jeffrey D. Furber BUYER: Dermot Company & Investors – Stephen Benjamin BROKERS: Adam Spies, Doug Harmon, Adam Doneger, Josh King and Marcella Fasulo @cushwake NOTE: Built in 1998 at 520 W. 43rd St. by the Gotham Organization, the 80/20 project with 375 units was purchased in 2013 for $170 million by the sellers, a core fund of Boston-based AEW, and which has been managed by Rose Associates. The deal should close this summer (NYP)

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IMAGE: Stephen Benjamin, Adam Spies, Doug Harmon, Adam Doneger and Jeffrey D. Furber
DATE: 04/25/2018
ADDRESS: 520 West 43rd Street
CITY: New York
MARKET: Manhattan
ASSET TYPE: Rentals
PRICE: $193,000,000 SF: 319,967 PSF: $603
SELLER: AEW Capital Mangement – Jeffrey D. Furber
BUYER: Dermot Company & Investors – Stephen Benjamin
BROKERS: Adam Spies, Doug Harmon, Adam Doneger, Josh King and Marcella Fasulo @cushwake
NOTE: Built in 1998 at 520 W. 43rd St. by the Gotham Organization, the 80/20 project with 375 units was purchased in 2013 for $170 million by the sellers, a core fund of Boston-based AEW, and which has been managed by Rose Associates. The deal should close this summer (NYP)

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