Olmstead Properties and Eric Gural's Newmark Holdings are in contract to buy a large Long Island City office building packed with arts, design and media tenants. The two firms agreed to pay over $60 million to three siblings led by Roger Kaufman for the 225,000-square-foot 43-01 22nd Street, Commercial Observer reported, citing sources with knowledge of the negotiations. "Very often in buildings there is sort of the good side and then the not-so-good side. This ... [more]
