Monday, February 25, 2008

Manhattan real estate firm buys second Albany office building

The Heights Real Estate Co. of Manhattan has bought another office tower in downtown Albany, N.Y., this one a 10-story building at 100 State St. that cost $3.5 million.

The deal closed today. The seller was Galesi Management Corp. in Rotterdam.

The property is located between the headquarters of the state Comptroller's Office and the former National Savings Bank building at 90 State St. A FedEx Kinko's store is on the ground level.

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