The Real Deal New York

Helmsley Carlton House hits auction block

January 25, 2010 04:34PM

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

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.


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