Law360, New York (November 25, 2014, 2:46 PM ET) — Vornado Realty Trust said Monday that it has agreed to buy an 8-story office building in Long Island City for roughly $142 million, the real estate investment trust’s second deal topping $100 million this month.
Vornado purchased the property, known as the Center Building, from Washington, D.C.-based real estate investment firm Madison Marquette Inc. The 437,000-square-foot building is located at 33-00 Northern Boulevard in Long Island City, New York, and is currently 98 percent leased, according to a Monday press release from Vornado.
According to the…
To view the full article, register now.
