Deal sheet    Single Deal
229 West 43rd Street|Sales|08/22/2008
  • Event Sales
  • Address 229 West 43rd Street
  • Square feet 775,000
  • Price $ 49,000,000
  • Price per foot $ 63.23
  • Borough Manhattan
  • Neighborhood Times Square
  • Publication Date 10/01/2008
notes
Africa Israel sold a 49 percent share in the former New York Times Building for $49 million. The buyer has an option to purchase an additional 1 percent interest in the property, and will take on a share of the $711 million in costs for redeveloping the building.
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