23 Wall Street
'Far East' Fund to Take $200 M. Stake in Leviev's New York Towers
Gabriela Barnuevo.
Inside the old New York Times building earlier this year.
Africa Israel Investments LTD has said that it will sell a nearly 50 percent stake in its Manhattan towers to an investment fund based in the Far East, according to Bloomberg.com:
"Africa is selling 49.9 percent of its holding in the Clock Tower and 49 percent of the Times Building properties in midtown Manhattan, as well as its entire stake in the 23 Wall Street/15 Broad Street property downtown, the Yehud, Israel-based company said today in a statement.
The buyer, identified as an investment fund from the Far East, will pay $200 million for the properties.
