Reported Oct 28, 2026 · Source: Commercial Observer
Igal Namdar’s Namdar Realty Group has purchased the leasehold at 71 Fifth Avenue for $62 million. The leasehold at 71 Fifth Avenue was last acquired in 2016 by Madison Capital. Source: Commercial Observer.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at Commercial Observer. What the article says:
Leasehold at 71 Fifth Avenue Sells to Namdar Realty Group for $62M
Igal Namdar’s Namdar Realty Group has purchased the leasehold at 71 Fifth Avenue for $62 million.
The leasehold at 71 Fifth Avenue was last acquired in 2016 by Madison Capital.
Sellers Madison Capital and Lubert-Adler Partners began marketing the office leasehold in 2021, hoping to net as much as $150 million.
Article date: 2026-10-28T16:41:59-04:00
All Midtown South / Flatiron / Chelsea / SoHo deals · More office deals in New York · New York (incl. Long Island & NJ): this week and archive
Compiled from public sources; details can differ between sources. Always verify with the linked source.