The Real Deal New York

Helmsley estate poised to sell final two NYC properties once owned by Harry and Leona

February 10, 2014 10:30AM

From the February issue: In a headline-grabbing deal in November, the Leona M. and Harry B. Charitable Trust sold the 605-unit Park Lane Hotel for $653 million.

But what didn’t make it into the headlines was that the Central Park South property — which was picked up by an investment team that included the Witkoff Group, Jynwel Capital and Highgate Holdings — was the last crown jewel in the legendary estate’s New York City portfolio. [more]