GVA WILLIAMS NEGOTIATES SALE OF TWO MANHATTAN BUILDINGS

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NEW YORK CITY — Marty and Eric Meyer of GVA Williams have negotiated the $32 million sale of 127 W. 25th St., a 12-story building in the Chelsea area of Manhattan, New York City. The undisclosed owner plans to renovate the 90,000-square-foot, Class B building. The Meyers represented both the buyer and the seller, 127 W. 25th Street Corp., in the transaction.
In addition, the Myers have brokered the $28 million sale of 35 W. 36th St. in the Penn Plaza district of Manhattan. The property is 100 percent leased to 15 tenants and totals 57,636 square feet. Douglaston Equities sold the property to an undisclosed New York-based investor. GVA Williams represented both the buyer and the seller in the disposition. The building was sold 1 year ago for $19 million.

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