WITKOFF GROUP BUYS 1107 BROADWAY IN NYC FOR $191M

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NEW YORK CITY — Lehman Brothers Holdings has sold the 305,000-square-foot 1107 Broadway, a 16-story former office building in Manhattan, to the Witkoff Group for $191 million. The sale is the result of an auction Eastdil Secured coordinated that was previously approved by the bankruptcy court. The building, along with 200 Fifth Avenue, once housed the International Toy Center.

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