AVRS Partners Buys 10.6% stake in 343 Madison Avenue development in New York

SaleOfficeMidtown (Sixth Ave / Park / Madison / Grand Central)

Reported Oct 14, 2026 · Source: Commercial Observer

Source: Commercial ObserverRead the full report at Commercial Observer ↗

Deal details

Buyer
AVRS Partners
Seller
BXP
Price
Not disclosed
Size
10.6% interest
Asset class
Office
Transaction
Sale
Sub-market
Midtown (Sixth Ave / Park / Madison / Grand Central)
Metro
New York (incl. Long Island & NJ)
Reported date
Oct 14, 2026

Summary

BXP, the largest Class A office owner in the country, has sold a 10.6 percent stake in 343 Madison Avenue, a planned 46-story, 930,000-square-foot office development in Midtown Manhattan that is expected to cost roughly $2 billion, to AVRS Partners. The source headline reads: “BXP Sells 11% Stake in 343 Madison Avenue Office Tower to AVRS Partners.”

Summarized from the article; the quoted lines below are from the article itself.

Source: Commercial Observer

Read the full report at Commercial Observer. What the article says:

  • Deal / Buyer
    BXP Sells 11% Stake in 343 Madison Avenue Office Tower to AVRS Partners
  • Deal / Size
    BXP, the largest Class A office owner in the country, has sold a 10.6 percent stake in 343 Madison Avenue, a planned 46-story, 930,000-square-foot office development in Midtown Manhattan that is expected to cost roughly $2 billion, to AVRS Partners.

Article date: 2026-10-16T10:12:44-04:00

Frequently asked questions

Who bought 10.6% stake in 343 Madison Avenue development?
AVRS Partners bought 10.6% stake in 343 Madison Avenue development in Midtown, New York, according to Commercial Observer.
Who sold 10.6% stake in 343 Madison Avenue development?
The seller was BXP, per Commercial Observer.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.