The Real Deal New York

Westchester landlord buys 35th Street office building for $80M

Deal marks Robert Weisz's first property purchase in Manhattan
July 17, 2014 03:20PM

Westchester landlord Robert Weisz’s first purchase in Manhattan is a big one.

The CEO of real estate investment firm RPW Group has agreed to pay more than $80 million for 240 West 35th Street, Crain’s reported. The seller is Hidrock Realty, which purchased the 161,588-square-foot office building, located between Seventh and Eighth avenues, in 2008 for $58 million.

Weisz owns several office properties in Upstate New York, according to company’s website. He purchased the 600,000-square-foot White Plains office campus once occupied by IBM in 2007 for $76 million, as the Wall Street Journal previously reported.

Richard Baxter led the sales team from JLL that represented Hidrock and Meritage Properties. [Crain’s]Tom DiChristopher