Transaction amount: $$45,200,000
David E. Ash arranged a 5th property on behalf of the Kaufman Organization to ground lease one of Extell Development’s Ring portfolio buildings @ 155 West 23rd Street. The property is an 82,000-square-foot loft building that will be redeveloped and transformed into a class-A Asset for the neighborhood.
99-year Office Ground Lease
155 west 23rd Street, New York, NY