42nd Street Office Building Changes Ownership through Deed-In-Lieu

Yellowstone Real Estate Investments is the new owner of 220 West 42nd Street. The deed in lieu transaction by UK-based investment firm EPIC enabled the 24-story, 235,000-square-foot office property to avoid foreclosure; and came with a $161.1 million valuation, versus the $196.7 million market value designated by the city this year.

Source:    https://therealdeal.com/2022/03/25/epic-hands-over-candler-tower-to-yellowstone/