Brooklyn-based Two Trees Management bought its first Manhattan office building, closing this morning on the 13-story property at 50 West 23rd Street from the Moinian Group for $129.5 million. Asher Abehsera, of Two Trees, represented his firm in the transaction, while Joseph Moinian represented the Moinian Group. The contract for the purchase of the 340,000-square-foot building located in Chelsea was reported in September.
The sale has not yet appeared in public records. TRD