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Acquisitions

Feil buys 530 West 25th Street

530 West 25th Street (Credit: Agora Gallery)

The Feil Organization and Peter Armstrong’s Rigby Asset Management have acquired 530 West 25th Street from the Brown family for around $72 million, TRD first reported. The 7-story office building spans 90,436 square feet, and is located between 10th and 11th Avenues.

  • Tenants: Several art galleries occupy the Chelsea building, including the Noho M55 Gallery, the Prince Street Gallery, and the Bowery Gallery. Agora Gallery occupies the ground floor.
  • Worth Noting: The property features 8,295 square feet of unused development rights.

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