Globe St features Integra Realty Resources

by Danielle Douglas

Danielle Douglas of Globe St features Integra Realty Resources in an article about Deutsche Bank clearing 1540 Broadway off its books. It sold the office building to CB Richard Ellis Investors for $355 million. It had obtained the building when Macklowe Properties defaulted on its loan payments. “From the peak in 2007 to its sale in 2009, the Bertelsmann building has decreased 63% in value—and that’s for a trophy New York City office building,” says Jeffrey Rogers, president and COO of New York City-based Integra Realty Resources, which appraised the asset.