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New York

Madison Capital sells 444 West 55th Street

Cushman & Wakefield's Steve Kohn and 444 West 55th Street
Cushman & Wakefield's Steve Kohn and 444 West 55th Street

It’s a double play for Cushman & Wakefield, which arranged the sale of 444 West 55th Street, as well as $39 million in financing for the undisclosed buyer, the New York Observer reported.

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The 100,000-square-foot property, which is located between Ninth and 10th avenues, is home to Cirkers Fine Art Storage and Logistics and Hutter Auction Galleries.

Madison Capital Management was the seller of the six-story building. Redwood Trust is behind the financing. A Cushman team of Steve Kohn, Dave Karson, Chris Moyer, Sridhar Vankayala and Tara Hovey advised on the deal. [NYO] —Zachary Kussin

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Cushman & Wakefield