NEW YORK CITY-An affiliate of Brazilian billionaire Joseph Safra paid $285 million for 660 Madison Ave., the Manhattan home to Barneys New York, in the city’s priciest office deal last year, according to a Bloomberg report.
Risanamento SpA, the Milan-based real estate firm that bought the tower for $375 million near the market’s peak in 2007, sold the building last month, New York property records show.
The buyer named on the deed, 660 Madison Owner Realty Corp., is controlled by a Safra affiliate. The purchase includes only the 255,000-square-foot office portion of the building. The retail space for Barneys, a luxury clothing chain, is owned separately.
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