Monthly Archives: June 2013

40% Of GM Building Sold!

The General Motors building or 767 Fifth Avenue has had a 40% stake purchase by Chinese and Brazilian investors. Chinese developer Zhang Xin (chief executive of office landlord Soho China Ltd.)in conjunction with the Safra family of Brazil, have paid

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$47 million Penthouse Sold!

Real Estate Weekly reports the record sale of the penthouse at 56 Leonard, which is still two years from completion!  For $47 million (the highest price for a residential property south of 56th St recorded), the buyer receives the promise

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