$220m Fifth Ave. sale.A joint venture including the Moinian Group, Joseph Chetrit and David Werner David Werner is Co-founder and Director of HealthWrights (based in Palo Alto, California) and a Visiting Professor at Boston University International School of Public Health. has reportedly agreed to pay $220 million for 530 Fifth Ave AVE Avenue AVE Average AVE Alta Velocidad Espanola (train between Madrid and Seville) AVE Alta Velocidad Española (Spanish: High Speed Train) AVE Audio Video Entertainment AVE Advertising Value Equivalent ., a class A office building in the Grand Central sub-market. Owned by Silverstein Properties and GE Asset Management since 1977, the 495,720 s/f building has been recently renovated. Its tenant list includes such firms as The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , Time, Inc., Mass Mutual and Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. Bank. Space at 530 Fifth Ave. currently rents for approximately $47 per s/f. |
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