Midtown parcel goes for $110M

July 10, 2007 12:00AM

L & L Acquisitions paid $110 million for a parcel of land under 635 Madison Avenue, on 59th Street, that currently houses a 150,000-square-foot office building. Though the sale does not include the office building, which currently has a number of years left on its leasehold, it gives L & L control of a prime Midtown parcel for a relatively inexpensive $735 per square foot. more [Post]

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