Feil Organization buys Chelsea office building for $72M

The Feil Organization is buying an office building in Chelsea that is home to several art galleries for about $72 million, according to sources familiar with the deal. The property is located at 530 West 25th Street between 10th and 11th avenues and spans 95,000 square feet across seven stories. The Feil Organization partnered on the purchase with Peter Armstrong of Rigby Asset Management. The Feil Organization and Armstrong purchased the building from longtime owners

source https://therealdeal.com/2019/12/06/feil-organization-buys-chelsea-office-building-for-72m/