Normandy Real Estate Partners Acquires Office Building In Hudson Yards For $88M

The office building located at 321 West 31st St in Hudson Yards has been sold in a closed transaction. The property spans an area of 150,000 square feet and was sold for a total price of $88,000,000, resulting in a price per square foot of $586. The transaction took place on 02/06/2020.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $88,000,000
• Address: 321 West 31st St
• Market: Hudson Yards
• Square Feet: 150,000
• Price per Square Foot: $586

The sellers of the property were Onyx Equities and GMF Capital, while the buyers were Normandy Real Estate Partners. The deal was facilitated by the brokers Will Silverman, Gary Phillips, and Bruer Kershner from Eastdil Secured.