Deal sheet    Single Deal
16 West 57th Street|Sales|10/22/2011
  • Event Sales
  • Building Name 16-18 West 57th Street
  • Address 16 West 57th Street
  • Price $ 80,000,000
  • Borough Manhattan
  • Neighborhood Plaza District
  • Publication Date 12/01/2011
The property sold for $80 million. Residential broker Ilan Bracha and development partner Haim Binstock had acquired the building in 2007 for $60 million with plans to build a 28-story, mixed-use tower, but lender Petra Capital Management sold the loan.