The Traderszone Network

Published in TZ Latest News 23 May, 2017 by The TZ Newswire Staff

Greek hedge funders look to sell the Fine Arts Building

A group of Greek hedge funders is putting the Fine Arts Building in Midtown on the market, sources told The Real Deal. The seven-story, 58,000-square-foot property at 232 East 59th Street is not a typical office building. It’s home to 12 showrooms for mostly architecture and design firms, with floorplates averaging 8,600 square feet. Sources familiar with the building said it is expected to sell for $60 million, or close to $1,000 per square foot. […]

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