Lehman Raises $191M Via NY Bldg Sale

Lehman Brothers Holdings has sold its former Manhattan office building for $191 million to Witkoff Group.

Lehman Brothers Holdings has sold its former Manhattan office building for $191 million to Witkoff Group. The 305,000 square foot building was previously part of the International Toy Center.

The move follows the sale of 200 Fifth Avenue, for $726 million, formerly the main Toy Center building. The sale was an outcome of the auction that was managed by Eastdil Secured on June 29.

Click here for the release from Business Wire.