Angelo, Gordon & Co. closed on its $510 million acquisition of 575 Lexington Avenue in Midtown from Normandy Real Estate Partners.
The Midtown-based investment firm completed its purchase of the 35-story, 739,000-square-foot office building on Aug. 27, according to property records filed with the city Wednesday.
New Jersey-based Normandy bought the property for $360 million in 2012, acquiring it from a partnership between Silverstein Properties and the California State Teachers Retirement System.
Normandy announced that it was marketing the office tower for sale earlier this year, with the company reportedly seeking more than $400 million for the building.