Apr 25, 2025

David Werner Flips 300 East 42nd Street to CSC Real Estate

CSC Real Estate has bought the office portion of 300 East 42nd Street from David Werner and plans to convert most of it to 135 rental apartments, sources told Commercial Observer. Werner had only recently agreed to buy the building for $52 million from the lender, Fortress Investment Group, and may have flipped it for the same amount, sources said.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.