Monday, December 17, 2012

Princeton Int'l Acquires Park House in NYC




National Commercial Real Estate News From CoStar Group





Princeton Int'l Acquires Park House in NYC



Princeton International Properties Corp. has successfully completed its acquisition of Park House, located at 104 W. 40th St. in New York City, from Savanna for a reported $105 million, or about $499 per square foot.

The 21-story, 210,342-square-foot, class A office tower was developed in 1962 by Springs Mills, Inc. with architect Harrison, Abramovitz & Harris in the Penn Plaza / Garment District submarket of Manhattan, next to Bryant Park between...






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