jeffpark
January 10th, 2007, 09:41 AM
NY-POST
January 10, 2007 --
...Naturally, the New Year is bringing out a slew of new office offerings.
Fans of Irish pubs will raise their glasses at the idea of owning not one, but two - albeit on long-term leases - within steps of Grand Central Terminal, as well as the attendant office structures above.
The long-established Patrick Conway's at 48 E. 43rd St. is a watering hole we know well, having lifted pints there for many years.
The traditionally fitted out pub has lots of stained glass, dark woods and good vittles. The building is a mere 23,000 feet but has another 30,000 feet of air rights.
The other pub is Annie Moore's located at 331 Madison Ave., a 90,000-square-foot office building with an additional 16,000 feet of air rights for, ahem, upside.
The package being sold by a long-holding family is expected to trade separately or individually for a total of about $70 million. It is now being marketed by the Fearless Foursome of Richard Baxter, Scott Latham, Ron Cohen and Jon Caplan of Cushman & Wakefield.
January 10, 2007 --
...Naturally, the New Year is bringing out a slew of new office offerings.
Fans of Irish pubs will raise their glasses at the idea of owning not one, but two - albeit on long-term leases - within steps of Grand Central Terminal, as well as the attendant office structures above.
The long-established Patrick Conway's at 48 E. 43rd St. is a watering hole we know well, having lifted pints there for many years.
The traditionally fitted out pub has lots of stained glass, dark woods and good vittles. The building is a mere 23,000 feet but has another 30,000 feet of air rights.
The other pub is Annie Moore's located at 331 Madison Ave., a 90,000-square-foot office building with an additional 16,000 feet of air rights for, ahem, upside.
The package being sold by a long-holding family is expected to trade separately or individually for a total of about $70 million. It is now being marketed by the Fearless Foursome of Richard Baxter, Scott Latham, Ron Cohen and Jon Caplan of Cushman & Wakefield.