Massey Knakal Sells Development Property in All-Cash Deal for $71 .9 Million

A parcel of development land at 1205-1225 Broadway was sold in an all-cash transaction for $71.9 million to The Lam Group, a developer of franchised hotels. The property is located on the north-west corner of Broadway and West 29th Street in the heart of Herald Square. 1205-1213 Broadway is a three-storey commercial office building giving

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