Tuesday 1 September 2020

Aby Rosen buys Midtown office building for $350M

Who says Manhattan is dead? Aby Rosen’s RFR just closed on a 23-story, 575,000-square-foot office tower in Midtown Manhattan for $350 million. Morgan Stanley sold the property at 522 Fifth Avenue, which it used as its headquarters for its wealth management division. Rosen agreed to buy the building in mid-March. Morgan Stanley has consented to stay as a tenant for at least three years after the sale. After the firm departs, Rosen is seeking to



source https://therealdeal.com/2020/09/01/aby-rosen-buys-midtown-office-building-for-350m/

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