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| 625 Madison Avenue, New York City, NY |
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| John Pelusi |
NEW YORK, NY – HFF announced today that it has acted as an
equity advisor to Ashkenazy Acquisitions Corporation for their purchase of 625
Madison Avenue in New York City.
625
Madison Avenue is a 17-story, trophy Class A office and retail building with
563,277 square feet.
The property is
master leased to an affiliate of SL Green Realty Corporation and serves as a
headquarters location for Polo Ralph Lauren.
Situated on a full
block between 58th and 59th Streets, 625 Madison Avenue is across from the GM
Building and close to Central Park in the Plaza District of Manhattan.
 |
| Michael Tepedino |
The
HFF advisory team representing Ashkenazy Acquisitions Corporation was led by
executive managing director John Pelusi and senior managing directors Michael
Tepedino and Andrew Scandalios.
Headquartered in New York City, Ashkenazy Acquisition
Corporation is a private real estate investment firm focusing on retail and
office assets.
Ashkenazy Acquisition has acquired over 13 million square
feet of retail, office and residential properties, located throughout the
United States and Canada.
 |
| Andrew Scandalios |
With a portfolio
containing more than 100 buildings valued at approximately $5 billion,
Ashkenazy Acquisition has a superior performance history in purchasing and
managing premier assets.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
tel (main) 617-338-0990 | (direct) 617-338-1572 | cel
617.543.4873 | www.hfflp.com
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