Commercial Real Estate Direct Staff Report The 511,208-square-foot office building at 285 Madison Ave. in midtown Manhattan has been appraised at a value of $411 million, one-third less than the $610 million value pegged to it in 2017 when a $475 million financing package was provided against it. A $235 million senior portion of that […]

The post Midtown Manhattan Office Building Sees 32 Percent Drop in Appraised Value appeared first on Commercial Real Estate Direct.