SOLD
Joseph Hoffman To Acquire 80 Pine Street Office Building In FiDi For $160M
80 Pine Street
Office
1,200,000 SF
1,200,000 SF
Sold 22 days ago
Summary
Sale
NEW YORK
Office
1,200,000 sqft
The 1.2 million-square-foot office building located at 80 Pine Street in FiDi, Manhattan is set to be acquired by Joseph Hoffman for approximately $160 million from Bill Rudin of Rudin Management.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $160,000,000
- Address: 80 Pine Street
- Market: FiDi, Manhattan
- SF: 1,200,000
- Buyer: Joseph Hoffman
- Seller: Bill Rudin - Rudin Management
- PPSF: $133
Joseph Hoffman's company is poised to potentially convert the half-empty Manhattan tower at 80 Pine Street into apartments with this acquisition.
Details
SOLD
IMAGE: - IN CONTRACT
IMAGE: Bill Rudin
DATE: 04/25/2024
ADDRESS: 80 Pine Street
MARKET: FiDi, Manhattan
ASSET TYPE: Office
BUYER: Joseph Hoffman
SELLER: Bill Rudin - Rudin Management
PRICE: $160,000,000
SF: 1,200,000 ~ PPSF: $133
NOTE: Joseph Hoffman's company is poised to acquire the Rudin family's 1.2 million-square-foot office building at 80 Pine Street for approximately $160 million, potentially marking the conversion of the half-empty Manhattan tower into apartments.View on map
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Address80 Pine Street
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