Wachtel Missry represented Thor Equities in the acquisition, for $142,000,000, of the Takashimaya building, a Fifth Avenue trophy property, located at 693 Fifth Avenue in Manhattan, New York. The acquisition was financed with a mortgage loan from Morgan Stanley. The matter was handled by Morris Missry, Avram Posner, Mia Stevens-Haynes and Lawrence Shepps of the Firm’s Real Estate Department and Allan Weiss of the Corporate Department.
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