Known as the Empire Apartments, the 23-story building, which is near Trinity Church, dates back to the late 1800. It was once a home base for US Steel before being converted to residential use.
Douglas Harmon managing director of Eastdil Realty was the exclusive broker for the sale. He also orchestrated the Hudson Crossing sale for the sellers--the Dermot Co. and the AFL-CIO.
Hudson Crossing is a 13-story, 259-unit residence at 400 W. 37th St. is an 80/20 property with a mix of free-market and moderate-income apartments. Both sales are part of a continuing trend of new buyers gets a foothold in Manhattan. Harmon's earlier 2004 sale of the $125.5-million Sonoma for the Related Cos. to Archstone-Smith set a new price per apartment and price per sf sales record.
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