The Argo Corporation purchased 625 Broadway, a 12-story office building in Noho, for $60.9 million. The seller, Kimco Realty Corporation, a REIT based in New Hyde Park, bought a preferred equity interest in the property and 387 Bleecker Street last year. Before that, Ohio-based Beck Street Capital bought 625 Broadway for $37 million in February 2006. Both properties were being marketed by Massey Knakal as part of the Beck Street portfolio. TRD
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625 Broadway goes for $61M
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