Fifth Avenue Office Building Selling for $300M

RFR Holding has agreed to purchase the approximately 276,000-square-foot building located at 475 Fifth Avenue. The sale by Nuveen attracted a price just under $300 million, or an estimated $1,085 per square foot. Conveniently located near Grand Central Terminal, the 24-story property underwent a $62 million modernization under Nuveen’s ownership since 2011.

Source:    https://therealdeal.com/2021/12/14/aby-rosens-rfr-holding-to-drop-300m-on-midtown-office-building/