Macklowe’s Tower 56 to sell for $160M

Tower 56 at 126 East 56th Street, one of several Macklowe Properties’ Midtown office towers on the market, is reportedly in contract to Chicago-based Transwestern Investment Company for $160 million, or $925 per square foot. Transwestern left the city in 2005 after selling 28 West 44th Street. It sold another property, 360 Madison Avenue, in 2003.

Sign Up for the undefined Newsletter