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New York

White Plains high-rise sells for $138M to Brooklyn investors

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Boston-based Beacon Capital Partners sold the oldest office building in Westchester County — Westchester One in White Plains — to Brooklyn investors for $138 million. Beacon had purchased the 41-year-old building for $172.5 million in 2006. The new buyers, 44 South Broadway Owner LLC, have not disclosed the identities of its members, but deed documents show a Flatbush Avenue, Brooklyn address, which is the office of real estate investment and management company, E&M Associates. Irving Langer heads the firm. [WBJ]

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Westchester & Fairfield