The Real Deal New York

Blackstone snags Midtown office building for $167M

Leon Charney sells 22-story building located in the Times Square area
January 15, 2015 05:40PM

Blackstone Real Estate Advisors picked up an office building for $165.7 million from Leon Charney’s L.H. Charney & Associates.

The building, located at 114 West 41st Street in the Times Square area, is situated between Broadway and Sixth Avenue. The property underwent $7 million in capital improvements two years ago, including a new retail facade and a lobby.

The deal closed on Dec. 24 and was recorded yesterday, the New York Observer reported. [NYO] — Tess Hofmann