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

June 29, 2017 04:44PM

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]