The Real Deal New York

Darcy Stacom sells two office buildings for $120M

June 06, 2012 12:00PM

  • Print

From left: Darcy Stacom and Bill Shanahan of CBRE, 15 West 47th Street and 22 West 48th Street

Two small Midtown office buildings were bought by Isaac Chetrit and Ray Yadidi, the New York Post reported. The properties, at 15 West 47th Street and 22 West 48th Street, were marketed by a CBRE Group team led by Darcy Stacom and Bill Shanahan and entered a hard contract last week.  

Previous reports indicate the the sellers were two Italian families, and public records identify the owner of the West 48th Street address to be the Paumi Company and the West 47th Street address to be the Carmania Company. But the Post said that Victor Shafferman was the longtime owner of the two buildings. The specific price was not available but was said to be more than $115 million. The properties were expected to fetch up to $130 million.

The West 47th Street building, a diamond industry building, has just over 136,000 square feet. The building on 48th Street has 75,000 square feet and also houses jewelry tenants. [Post, 3rd item]

  • IvoShandor

    Coattails never make the headlines.

MENU

Subscribe to our email newsletters

New York Real Estate News
South Florida Real Estate News