Blackstone Real Estate Advisors has acquired 114 West 41st Street in Manhattan from Leon Charney‘s L.H. Charney & Associates for $165.7 million, Commercial Observer has reported. The deal was closed on December 24th and was formally registered with New York City on January 14th.
Located between West 40th and West 41st Streets near Times Square and right at the Gardens at 1095 Avenue of the Americas the 22 story office building recently underwent a $7 million renovation. These include a new entrance, a new lobby with state of the art security, a new retail storefront, new elevators, new windows and new plumbing and sprinklers.
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It was built in 1915 and has a total of 350, 000 square feet of space.