The Real Deal New York

Halstead tapped to manage Worldwide Plaza units

Also signed by American Realty to oversee adjacent townhouses

March 12, 2014 03:20PM

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From left: President of Halstead Management Paul Gottsegen and Worldwide Plaza

From left: President of Halstead Management Paul Gottsegen and Worldwide Plaza

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.

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