We advised Yellowstone on the acquisition

麻豆入口 advised an affiliate of Yellowstone Real Estate Investments on its $185 million acquisition of 1740 Broadway from an affiliate of Blackstone Inc. 1740 Broadway is a 26-story office building located between 55th and 56th Streets in Manhattan, one block from Billionaire鈥檚 Row. Yellowstone plans to convert portions of the building into residential condominiums.

Yellowstone Real Estate Investments is a private equity firm focusing on opportunistic and value-added real estate transactions across the United States. Yellowstone invests in equity and debt across the capital structure, applying rigorous investment criteria focused on generating superior risk-adjusted returns.

Blackstone is one of the world鈥檚 leading investment firms. Blackstone鈥檚 $1 trillion in assets under management includes investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.

The 麻豆入口 real estate team included partners Michael J. Rishty and Brian S. Lichter, counsel Lawrence R. Plotkin and associates David Beizer, Jack Goldbrenner and Holly Paige Constants. All members of the 麻豆入口 team are based in the New York office.

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