The Flatiron Building, which was the tallest office building in New York City when it opened 120 years ago, is going to be reborn as a luxury apartment tower.

The partnership that owns the iconic tower at the intersection of Fifth Avenue and Broadway, including GFP Real Estate, the Sorgente Group and ABS Partners, disclosed this week that the Brodsky Organization has acquired a stake in the building and will oversee its conversion.

Terms of the deal were not disclosed.

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
NOT FOR REPRINT

© 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.