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Vornado sells New York City office building

Sale of Chelsea joint venture was completed for $205 million
Tenants at the building, which is fully leased, include Next Jump, Warner Media and Nucleus Advisors. (CoStar)
Tenants at the building, which is fully leased, include Next Jump, Warner Media and Nucleus Advisors. (CoStar)
By Nicole Miller
CoStar Research
August 26, 2025 | 7:06 P.M.

Vornado Realty Trust, a real estate investment trust, and the Albanese Organization have sold their joint venture at 512 W. 22nd St., New York, for $205 million, or $1,187 per square foot. The buyer is New York-based MFK Realty LLC, a private developer.

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