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Brokerage
Posted: February 4, 2008
Taconic Investment and Denham Wolf acquire 400,000 s/f
Taconic Investment Partners LLC and Denham Wolf Real Estate Services, Inc. have acquired the historic 400,000 s/f American Bank Note Building in the Hunts Point neighborhood. The 96 year old building was acquired for $32 million from the Blauner family.
A fund managed by DLJ Real Estate Capital Partners, Inc., a unit of Credit Suisse, also is a participant in the new ownership; i-Star Financial and the N.Y.C. Investment Fund provided financing. Evan Pariser, managing director of Holliday Fenoglio Fowler, LLP arranged financing.
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