NYC RETAIL CONDO SELLS FOR $57.88 MILLION

by admin

NEW YORK CITY — The State Teachers Retirement System of Ohio has acquired the retail portion of the 15 Union Square West residential tower in New York City from Brack Capital Real Estate for $57.88 million. The condominium totals 14,494 square feet and consists of four spaces. Tenants include HSBC Bank, Lululemon Athletica and Sketchers. The fourth space is vacant. Bill Shanahan and Darcy Stacom of CB Richard Ellis represented the seller in the deal.

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