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New York & Tri-State  + Midtown New York  + Office  |  December 18, 2024
Paul Bubny
By: Paul Bubny

Marcus & Millichap Seals Deal for Midtown West Offices

Marcus & Millichap arranged the $16,150,000 sale of 254-258 W. 35th St., a 16-story traditional office building in Midtown Manhattan. The building previously operated as a traditional garment manufacturing facility. 

Eric Anton and John Stewart, investment specialists in Marcus & Millichap’s Manhattan office, marketed the property on behalf of the seller and procured the buyer, a local private investor. “We were very pleased to successfully close this Midtown Manhattan transaction,” said Anton. “Over the past two months, both buyer and seller collaborated closely to complete due diligence and ensure a smooth closing process.” 

Built in 1924, the 106,642-square-foot property was owned by the same group for several decades. Situated in Midtown West, it is steps from Moynihan Train Hall and major subway lines, and benefits from its connectivity as well as the neighborhood’s continued transformation into a hub for tech and media tenants.

Read More News Stories About: Marcus & Millichap
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Marcus & Millichap's Anton

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).
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