


|
 |


|

At a Glance
|
Square Feet:
|
1,346,000 square feet |
Address:
|
1585 Broadway |
Completed:
|
May 1995 |
1585 Broadway
|
|
|
Transaction History
In December 1993, M. Myers Mermel of Morgan
Stanley's Real Estate Investment Banking Group advised the Inside Board of Morgan Stanley
to bid for
the building in a creditor's sale. Mr. Mermel's idea was to consolidate
the debt and
equity operations of Morgan Stanley into one building. Since that time,
the strategy and property has
become a centerpiece of the firm. From a real estate perspective, it remains the largest single asset
distressed purchase in New York City history.
|
|
The Company
Morgan Stanley has earned a worldwide reputation for excellence in
financial advice and market execution. The 53,760 members of Morgan
Stanley in 28 countries connect people, ideas and capital to help their
clients achieve their financial aspirations. See
www.morganstanley.com
|
|
 |