The Real Deal New York

Posts Tagged ‘158 West 27th Street’

  • Bruce Mosler and 158 West 27th Street

    Emmes Asset Management has tapped Cushman & Wakefield as the exclusive leasing agent for the 12-story office building at 158 West 27th Street, according to the real estate company.

    Emmes acquired the building about a month ago for $57.5 million from Stephen Meringoff and Leslie Himmel. The price was more than double the $25 million that Meringoff and Himmel paid in 2010. [more]

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  • Midtown South building trades for $57.5M

    February 01, 2013 10:00AM

    From left: Stephen Meringoff, 158 West 27th Street and Leslie Himmel

    Two real estate investors who picked up a 116,000-square-foot building at 158 West 27th Street for $25 million in 2010 have more than doubled their money, selling the Midtown South property for $57.5 million, Crain’s reported. Stephen Meringoff and Leslie Himmel sold the building to Emmes Asset Management. Adam Spies and Doug Harmon of Eastdil Secured—the same pair who handled the Chetrit Group’s $1.1 billion purchase of the Sony Tower—brokered the deal. Meringoff and Himmel acquired the building in 2010 by assuming the building’s distressed debt and forcing a takeover. … [more]

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