The Vanbarton Group is picking up the Albano Building, a Midtown East property entirely leased to the United Nations, for $117 million, The Real Deal has learned. The Midtown-based real estate investment firm, led by Richard Coles and Gary Tischler, signed a contract earlier this week to acquire the 16-story, 187,000-square-foot building at 305 East 46th Street, sources said. The UN is considering whether to exercise a five-year option, which becomes available in the third […]
source https://therealdeal.com/2018/04/11/vanbarton-buying-the-un-leased-albano-building-for-117m/
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