The Helmsley Carlton House, a 160-unit hotel-apartment building offering both short- and long-term stays in studios and one- and two-bedroom units, is hitting the auction block, in a sale that could prove a strong indicator of high-end Manhattan market stability, according to Crain’s. The sale of the building, located at 680 Madison Avenue between 61st and 62nd streets, is being handled by Darcy Stacom, a vice chairperson with CB Richard Ellis, who reportedly declined to comment on the auction. Over 100 buyers have already expressed interest in the building auction, Crain’s said.
Helmsley Carlton House hits auction block
An interior at the Helmsley Carlton House at 680 Madison Avenue and Darcy Stacom, a vice chairperson with CB Richard Ellis, who is handling the sale