A Pair of Midtown South Office Buildings Hit the Sales Market

The Sapir Organization has introduced the sale offering of 260 and 261 Madison Avenue, which are situated directly across the street from one another. Spanning nearly 1 million square feet in total, Sapir is hoping to fetch about $600 million for the two office properties that are approximately 80% leased. However, there is ongoing litigation tied to the properties that are being rebranded One and Two Grand Central South as part of sale marketing efforts.

Source:    https://therealdeal.com/2022/03/04/sapir-selling-madison-avenue-office-towers/