Naftali Said to Buy Manhattan Tower for More Than $800 Million

Naftali Group, a real estate developer with footholds in New York and Miami, struck a deal to buy a luxury apartment building on Manhattan’s Fifth Avenue for more than $800 million, according to a person familiar with the matter.

Naftali Group entered a contract to purchase 800 Fifth Ave. from Spitzer Enterprises, the real estate firm run by former New York Governor Eliot Spitzer, and Winter Organization, said the person, who asked not to be identified citing private information.

A Newmark Group Inc. team led by brokers Doug Harmon and Adam Spies advised on the sale. A ...