NEW YORK CITY-DKNY's 150,000-square-foot headquarters in Manhattan has reached sales block. A partnership headed by Sitt Asset Management has tapped Jones Lang LaSalle to sell the 12-story building at 240 West 40th Street for $65 million.
The office space in the building is fully leased to DKNY and the ground-floor retail space is leased to Dunkin Donuts, Popeyes and Guy & Gallard. The JLL team is led by Glenn Tolchin, Richard Baxter and Scott Latham. For the full story, go to Crain's New York Business .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
