Two older industrial office buildings near the Trump SoHo Hotel are being bought and combined into a new, modern entity called One SoHo Square, named after the park across Spring Street.

Stellar Management’s Larry Gluck and an institutional partner were closing yesterday on the $200 million purchase of 161 Ave. of the Americas and 233 Spring St. from Earle Kazis
, Ronald Mount and other investors, sources said.

Sam Schneider and Daniel Glaser of Imperium Capital said they teamed with Gluck on the deal. They previously bought the Apple store building at 103 Prince St. in SoHo with Centurion Real Estate and are accumulating other investments. “We’re really excited we bought the deal,” said Schneider.

Between the 16-story, 320,000 square-foot Butterick Building at 161 Ave. of the Americas and the 10-story, 250,000 square-foot loft property at 233 Spring is a 20-foot wide loading dock that runs all 214 feet from Spring to Vandam streets.

According to sources, Gluck’s architect, Gensler, devised a plan to create a new center core, including a lobby, elevators and staircases in what is now the dock space, and add a penthouse to make one 748,000 square-foot building.

“It would create operating efficiencies,” said one source. Gluck and his partners will be able to eventually recapture the spaces that are now being occupied by several lobbies, at least 13 elevators and a number of staircases.

As small tenants move out, the owners will be able to turn the recaptured space into leasable office and retail spaces, while modernizing the building with roughly $50 million in improvements.

Sources said Doug Harmon and Adam Spies of Eastdil Secured advised Gluck and obtained equity from Rockpoint and financing from Starwood Capital.

Gluck may be pouring in some of his profits from his recent $630 million sale of five new Columbus Square buildings brokered by Harmon to UDR earlier this year.

None of the parties returned requests for comment.

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Chelsea residents and sightseers will get a spot to buy water and sunblock as CVS has just grabbed the corner of 23rd Street and 10th Avenue at one of the major entrances to the High Line.

The new 10,000 square-foot store will encompass all of the retail at the base of the new Equity Residential rental at 500 W. 23rd St. and is expected to open in the fall. The asking rent was $200 a foot.

CVS was brought to the site by Jason Pruger, Ross Kaplan and Trever Gallina of Newmark Grubb Knight Frank, while Equity Residential was repped by Craig Slosberg and Paul Berkman when they were still with NGKF. The two have since joined Jones Lang LaSalle.

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The Empire State Building is upping its night game from 10 colors to 16 million, thanks to new arrays of quarter-size white LEDs interspersed with red, green and blue that can instantly change color.

When the 400 current bulbs are swapped for 68,000 LEDs arranged in 1,200 arrays, a computerized board will be able to program colors that can move up and down and spiral around the tower and mast. “We will have some fun with the skyline,” said Anthony Malkin, head of the ownership group.

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Malkin, whose company also controls the long-term operating lease on 112 W. 34th St., won a decision yesterday in the Appellate Division of the New York State Court that the $80 million in improvements, including a new curtain wall, that were made to the building did not breach the lease with the ground owner, an entity controlled by Charles Cohen, who sued to regain control of the property.

It is yet unclear if Cohen will appeal the unanimous decision.