989 Sixth Avenue recently sold for approximately $510 per square foot, and it looks like Saks Fifth Avenue may be involved in the deal whether the luxury clothing company likes it or not.
On June 29, Meringoff Properties unloaded the 96,000-square-foot, 21-story building for $49 million to a buyer listed in city records as 989 Sixth Realty LLC.
Farrell Virga, C.E.O. of Meringoff Properties, declined to comment on the deal; however, the company’s Web site claims to “find potential property acquisitions of Class B office buildings, greater than 100,000 square feet, located on a main thoroughfare in Manhattan.”
Attempts to reach a representative for the buyer were, well, humorous.
Calls to the building management company were not immediately returned, but The Observer did get an answer at the phone number listed on the deed for the buyer’s attorney. Strangely, it was the Saks Fifth Avenue personal shopping department.
Needless to say, the Saks representative did not know anything about the deal. She did ask if we were interested in a great personal shopping experience, though.
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