Taconic pays $220m for two buildings in Manhattan

Taconic Investment Partners has agreed to pay $220 million for two office and television production buildings totaling 513,437 square feet in Manhattan’s Upper West Side area, reported Commercial Observer.

The seller is Silverstein Properties.

The assets located at 125 West Side Avenue, 320 West 66th Street and Lot 61 comprise 513,437 rentable square feet. The properties are part of the nine-building, 1.7 million-square-foot ABC campus purchased by Silverstein in July 2018 for $1.15 billion.