Novoa makes it happen on W61st.

Real estate investor and developer Cofinance Inc. purchased a 51,000 s/f condominium interest at 211 West 61st Street last week, space it plans to divvy up and resell or lease.

The asking price for the space in the building was $300 per s/f. Murray Hill Properties managing director, Audrey Novoa, handled the sale.

Novoa helped usher the building's conversion into condominium units by brokering one of its first transactions, the sale of four floors totaling 70,000 s/f in 2004 to the American Musical Dramatic Academy for their theatre arts conservatory.

Boasting 14-foot ceilings, wide column spacing, unobstructed north light, and river and city views, Novoa indicated that the property would likely attract more groups affiliated with the arts. The building is the former home of the Alvin Ailey Dance Theatre Foundation.

Novoa also just handled the sublease of 13,200 s/f of space to real estate development firm the Clarett Group at 79 Madison Avenue. A former agent of the building when she was with GVA Williams five years ago, Novoa represented Clarett as well as the sublessor of the space, fabric company F. Schumacher & Co. who has five floors in the building, two of which are now subleased.

Novoa also indicated that she is close to completing a number of leases at 135 West 50th Street, a Murray Hill owned building for which she is an agent.