October 14, 2020
Cadwalader is advising the sellers in the sale of three prime retail properties on New York’s Madison Avenue, a transaction reported in The Wall Street Journal. The transaction involves the $45 million purchase by Swiss luxury clothing retailer Akris of three properties that are located between East 69th and 70th streets, and include three ground-floor retail spaces and a combined 15 residences on the floors above. The closing is expected to occur in the fourth quarter.
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