NYC’s top deals: GO Residential closes on Ivy Tower in Yorkville for $148M
There were 302 transactions totaling 641 million filed in New York City records in the 24 hours before 4 p.m. on Thursday, June 25. Commercial: Midtown had the top commercial real estate deal to hit records, with the sale of two apartment complexes known as the Ivy Tower at 349 West 42nd Street and 350 West 43rd Street for 148 million. The property on 42nd Street stands 41 stories tall and has 268 apartments; the 43rd Street building stands seven stories tall and houses 52 apartments. The buyer was Go Residential. The seller was an affiliate of Friedman Management []This article originally appeared on The Real Deal. Click here to read the full story.
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