Worldwide Plaza’s Board tapped a subsidiary of Halstead Property today to manage several hundred units in the large office tower and a dozen townhouses on the Midtown block.
Halstead Management Company will handle 654 units at 350 West 50th Street and 393 West 49th Street, as well as adjoining townhouses, according to a press release.
American Realty has a 48.9 percent stake in the nonresidential portion of the 59-story, 1.8 million-square-foot tower, which is picked up in November for $1.45 billion, as The Real Deal previously reported. The previous owner hired Eastdil Secured to handle sales for the building when it hit the market in August of 2012. [Press Release] -- Angela Hunt
Correction: A previous published version of this story misstated the name of the group that hired Halstead.