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Monday, October 5, 2026The Morning Brief →Sign in
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1301 Avenue of the Americas

In PWD coverage since October 4, 2026 · 1 story
1Deals on our tracker
Deal recordFull tracker →
Oct 4, 26Deal closedRithm Capital · Elecor Properties · DRA Advisors · $1.3B — coverage
PWD coverage
Deals & PE

DRA Advisors takes 49% of 1301 Avenue of the Americas in Rithm joint venture

Sources close to the deal value the fully leased Midtown tower at $1.3 billion; Rithm keeps 51 percent and the operating mandate through Elecor Properties.
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