New York REIT's fire sale is continuing. The company is selling its building at 306 East 61st Street to JMC Holdings for about $47 million, according to Crain's. The 82,000-square-foot seven-story building is one of the last properties left in New York REIT's formerly large portfolio and is known as the Interior Design Building due to its several tenants working in that industry. New York REIT is liquidating its holdings in the wake of an [...]
