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Kaufman Organization brings in new partner at Manhattan office building

Chelsea property changes hands in lender-directed recapitalization at $361 per square foot
The 12-story office building at 40 W. 25th St. in Manhattan's Chelsea neighborhood was renovated in 2021. (CoStar)
The 12-story office building at 40 W. 25th St. in Manhattan's Chelsea neighborhood was renovated in 2021. (CoStar)
By Jordan Lucas with
CoStar Research
June 9, 2026 | 4:11 P.M.

The Kaufman Organization is getting a new partner in the ownership of the 12-story Class B office building at 40 W. 25th St. in Manhattan.

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