Longtime New York real estate firm Olmstead Properties, in a new investment partnership, has made its first office acquisition in Manhattan in 10 years as the largest U.S. office market outpaces the country in recovery from the pandemic.
Olmstead Properties makes first Manhattan office purchase in a decade
Firm partners with Vertex on two connected Park Avenue buildings for $104 million
By Andria Cheng
CoStar NewsNovember 21, 2025 | 6:44 P.M.
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IN THIS ARTICLE
- Companies
- Olmstead Properties, Inc.
Real Estate
- Contacts
- Marcella Fasulo
Executive Vice Chairman, Newmark
- Meaghan Philbin
Associate, Newmark
- Adam Spies
Co-Head of U.S. Capital Markets, Newmark
- Adam Doneger
Executive Vice Chairman, Newmark
- Joshua King
Executive Vice Chairman, Newmark