The Real Deal Reports on $30 Million Office Building Sale Led by Kearns

The Real Deal reported that Olshan’s client, an affiliate of Kaufman Astoria Studios, has sold a 69,000-square-foot office building located at 37-11 35th Avenue across the street from Kaufman Astoria Studios for $30 million. The sale represents a shift to more ambitious projects for Kaufman in Astoria including a 33-unit condominium development and plans to build an additional soundstage by 2016. Olshan Real Estate partner Thomas Kearns represented the seller.