400 Park Avenue South|Sales|11/22/2011
- Event Sales
- Address 400 Park Avenue South
- Square feet 400,000
- Price $ 134,000,000
- Price per foot $ 335.00
- Borough Manhattan
- Neighborhood NoMad
- Publication Date 01/01/2012
- Deal Date 11/22/2011
- Party 1 A&R Kalimian Realty
- Party 1 Brokerage Savills Studley
- Party 1 Broker Woody Heller, Will Silverman
- Party 2 Toll Brothers, Equity Residential
notes
The development site sold for $134 million. The joint venture plans to build a 40-story condominium and rental apartment tower. Equity Residential will own and operate the lower 22 floors with 265 rental apartments and retail, and Toll Brothers will build and sell about 100 condo units on the upper floors, the Wall Street Journal reported.