35-Story Hotel at 525 Lexington Avenue Sold for $154M in Midtown East for Student Housing Conversion

Discover the $154 million sale of 525 Lexington Avenue in Midtown East, Manhattan. Bob Knakal’s market insight helped position the 35-story hotel for a successful conversion into student housing, securing a major deal in New York City’s evolving hospitality sector.

About Caroline Vega 502 Articles
Caroline Vega is the editor of Commercial Lending News and a New Orleans based writer covering commercial real estate finance, lenders, and the market forces shaping deal flow. She brings a background in digital strategy and finance to reporting that is clear, practical, and grounded in what actually moves capital.