Here’s a look at NYC’s top 10 building buys: VIDEO

11 Madison, 1095 Sixth Avenue rank highest on TRD's list

TRD New York /
Sep.September 03, 2015 03:00 PM

When it comes to New York’s trophy towers, the city’s mega-spenders are willing to dish out many, many millions — and in some cases, billions — to get their hands on these prized possessions.

This year has already seen a handful of these larger-than-life deals. In May, Scott Rechler’s RXR Realty closed on the historic Helmsley Building for $1.2 billion. Less than five months later, SL Green closed on its $2.6 billion purchase of 11 Madison Avenue from the Sapir Organization. The sale of the 2.3 million-square-foot Art Deco office tower marked the most expensive single-building transaction in the city’s history.

While their price tags are significant, the Helmsley Building and 11 Madison aren’t the only buildings that have fetched major money recently. In the above video, The Real Deal checked out New York City’s most expensive building sales during a 14-month period ending in August 2015. Watch it here, or check it out on TRD‘s YouTube page.

Video created by Uldis Direns.


Related Articles

arrow_forward_ios
Five stars, would rent again: Yelp expands at SL Green’s 11 Madison

Five stars, would rent again: Yelp expands at SL Green’s 11 Madison

Regus to launch Spaces co-working concept in Manhattan, at the Helmsley Building

Regus to launch Spaces co-working concept in Manhattan, at the Helmsley Building

By the numbers: The Hamptons are down but not out

By the numbers: The Hamptons are down but not out

The $2 billion club: 245 Park to join elite group of Manhattan towers

The $2 billion club: 245 Park to join elite group of Manhattan towers

Melia Robinson/Business Insider

Eleven Madison Park is headed to the Hamptons this summer

Hors d’Oeuvres at Eleven Madison Park (credit: djjewelz via Flickr)

Eleven Madison Park to close for summer renovations

SL Green sells 40% stake in 11 Madison to Prudential

SL Green sells 40% stake in 11 Madison to Prudential

Reed Elsevier inks 45K sf lease at Helmsley Building

Reed Elsevier inks 45K sf lease at Helmsley Building

arrow_forward_ios