12/02/08
Deal
5 Madison Ave
Address
5 Madison Ave
Tenant
Far East investment fund
Representative
n/a
Landlord
Africa Israel Investments
Landlord Representative
n/a
Notes
A 49.9 percent interest in the Clock Tower portion of the property sold for $150 million. The sale will help finance the planned conversion of the building into luxury apartments. Africa Israel paid $200 million for the building last year.
Category:
Commercial
Posted at:
10/06/2008
Price:
$150.0M
Size:
A d v e r t i s e m e n t s
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