BSJ SoHo let go of 72-76 Greene Street last week for a reported sum of $41.5 million. The buyer—a partnership of Chicago-based L3 Capital and Washington, D.C.’s ASB Capital Management—paid $1,186 per square foot for the building known as “The King of Greene Street” because of its French renaissance-Second Empire architectural styling. It contains two Read More
ASB Real Estate has acquired for $139 million an office building at 400 Madison Avenue from Macklowe Properties and assumed a $55 million loan on the property, provided by MetLife.
William Macklowe once won and lost big in a high-stakes real estate game, but his new firm is scoring more modest victories.
Four-hundred Madison Avenue was one of dad Harry Macklowe’s long-time holdings and one of two Billy held onto when the empire the two ran fell apart. Now the son has inked Read More