Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Downtown New York  + Office  |  December 5, 2022
The landmarked Flatiron Building in Manhattan has sold at auction to a surprise bidder from Virginia after its owners reached an impasse over a dispute
Paul Bubny
By: Paul Bubny

Commercial Townhouse Comes to Market in Flatiron District

Cushman & Wakefield has been retained to market 25 E. 22nd St., a 20,155-square-foot commercial townhouse, for sale. The asking price is $29,000,000. 

Cushman & Wakefield’s John Ciraulo, Craig Waggner, Mike Kavanagh and Jack Stephen, in coordination with Carri Lyon and Mark Mandell, will be leading marketing efforts on behalf of the owner, Foundation for a Just Society. 

The building is currently occupied by three tenants: Foundation for a Just Society, Felicity House and ACJC Foundation. All three entities were founded by philanthropist Audrey Cappell. The organizations have each outgrown the current space and will take up residence in a nearby property. 

Located in the Flatiron District, the prewar property was completely reconstructed in 2016, “making the building perfect for a wide array of uses including office, corporate headquarters, nonprofit, foundations, retail showroom, gallery or any private user looking towards their own identity,” said Waggner. 

Read More News Stories About: Cushman & Wakefield
Connect

Inside The Story

Cushman & Wakefield's Waggner

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
Order Reprints
  • ◦Sale/Acquisition