Carlyle Group buys Corinthian medical condo for $48M

ProMed Properties paid $30.6M for three floors of Murray Hill tower in 2011

The Carlyle Group picked up a medical office condominium unit at the base of the Corinthian in Murray Hill for $48 million, according to property records filed with the city Monday.

The seller, ProMed Properties, bought the three-floor, 81,000-square-foot commercial condo unit for $31 million in 2011 from Spitzer Enterprises.

Bernard Spitzer, father of former New York Gov. Eliot Spitzer, who now runs the company, developed the Corinthian in 1987. The 57-story, 937,000-square-foot tower, located at 345 East 37th Street, has 817 residential condo units, according to public records.

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The sale closed Aug. 25. A representative for the Carlyle Group, a Washington, D.C.-based global asset manager, could not be immediately reached.

Gaia Real Estate bought a set of 144 condos at the Corinthian in 2014 for $147 million. They also bought the building’s 50th floor for $14.6 in 2013.

Carlyle Group, along with Manhattan-based investment firm 60 Guilders, was the lead bidder on the retail co-op unit at the base of 106 Spring Street, offering $140 million. In July, the firm secured a $175 million loan to fund construction of the Boerum at 265 State Street in Brooklyn.

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Carlyle Group buys Corinthian medical condo for $48M

ProMed Properties paid $30.6M for three floors of Murray Hill tower in 2011

The Carlyle Group picked up a medical office condominium unit at the base of the Corinthian in Murray Hill for $48 million, according to property records filed with the city Monday.

The seller, ProMed Properties, bought the three-floor, 81,000-square-foot commercial condo unit for $31 million in 2011 from Spitzer Enterprises.

Bernard Spitzer, father of former New York Gov. Eliot Spitzer, who now runs the company, developed the Corinthian in 1987. The 57-story, 937,000-square-foot tower, located at 345 East 37th Street, has 817 residential condo units, according to public records.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

The sale closed Aug. 25. A representative for the Carlyle Group, a Washington, D.C.-based global asset manager, could not be immediately reached.

Gaia Real Estate bought a set of 144 condos at the Corinthian in 2014 for $147 million. They also bought the building’s 50th floor for $14.6 in 2013.

Carlyle Group, along with Manhattan-based investment firm 60 Guilders, was the lead bidder on the retail co-op unit at the base of 106 Spring Street, offering $140 million. In July, the firm secured a $175 million loan to fund construction of the Boerum at 265 State Street in Brooklyn.

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