The Camelot, a 17-story rental building at 301 West 45th Street, has officially changed hands for the first time in 36 years, The Real Deal has learned.
Melohn Properties, which has owned the property since 1978, sold the 176-unit building to Alan Wasserman’s S.W. Management Acquisitions for $132.5 million. But the closing didn’t come about until after a little legal jousting between the two parties. [more]