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Transactions - MAY 26, 2021

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Tishman Realty, PIMCO acquire Manhattan condos for $87m

by Andrea Zander

A joint venture of Tishman Realty & Construction and PIMCO has acquired 70 residential condominium units at 505 W. 43rd St. in Manhattan’s Hell’s Kitchen neighborhood. The sales price was $87.4 million.

The seller of the 76,867-square-foot asset is Charlie West developer the Elad Group.

Completed in 2019, Charlie West rises 16 stories and has 123 units. The building offers a full complement of amenities, including an indoor/outdoor pool, rooftop terrace, fitness center, library, residents’ lounge, children’s playroom and bike storage.

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