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Tuesday, January 06, 2009 Office
Savanna Partners and the City Investment Fund paid $43 million for the 171,000 square-foot building earlier this year. Studley's Woody Heller and managing director Will Silverman represented the sellers. The building on West 33rd between Sixth and Seventh Avenues contains 152,000 square feet of office space in addition to 19,000 reserved for retail. Heller and Silverman work together on Studley's Capital Transaction Group in New York. Mr. Silverman has been involved in numerous notable sales in Manhattan including 125 Park Avenue while Mr. Heller most notably negotiated the sale of Citigroup Center. Founded in 1968, New York-based Time Equities Inc., is a real estate investment firm with interests in commercial, industrial, and retail properties in addition to owning more that 3,300 multi-family units. Address: 135 W. 33rd St., New York City Size: 171,000 square feet Filed Under: Office E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us Comments on this article
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