Zegna, Taconic buy Flatiron District building for $65M

UPDATED, July 1, 3:41 p.m.: Is 23rd Street going couture? The Italian family that’s owned the luxury suiting company Ermenegildo Zegna for four generations and Taconic Investment Partners picked up an office building in the Flatiron District for $65 million. The Zegna family closed in June on 61 West 23rd Street, a seven-story cast iron building spanning just over 50,000 square feet, sources told The Real Deal. The sellers were the Long Island-based Drachman family and … Continue reading Zegna, Taconic buy Flatiron District building for $65M