New York is a hub for business transactions. Here we take a look at three recent ones.
The Parker New York has been acquired by GFI Capital Resources Group and Elliot Management Corporation affiliates. $100m+ has been committed by these companies for renovation purposes. With this money residential condo units will be incorporated into the premises. Thomas Juul-Hansen is leading the design team.
The Little Rock Sedgwick Building has been purchased for $4.5m by New York’s Woodmont Hardin. Located at 400 Hard Road, it has nearly 50,000 square feet office space capacity. It is being sold by Responsive Education Solutions.
A new position if 764,359 shares of Avanos Medical Inc has been purchased by Bank of New York Mellon Corp in the third quarter. This has been valued at approximately $52,359,000. Other shares were purchased by Bollard Group LLC (valued at $100,000); Whittier Trust Co (valued at $110,000) and Public Employees Retirement System of Ohio (valued at $136,000).