NEW YORK CITY-Harry and Billy Macklowe are planning to sell a 90% stake in two office buildings. The Macklowes have tapped Steve Kohn, Cushman & Wakefield Sonnenblick Goldman's president, to market non-operating interests in the office buildings at 400 Madison Ave. and 610 Broadway.
The 184,859-square-foot structure at 400 Madison Ave. was redeveloped in 1998 by Macklowe. The 122,000-square-foot building at 610 Broadway, developed by the Macklowes, is primarily leased to Adidas. Both buildings could cost between $800 and $1,000 per square foot. For the full story, go to New York Post .
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