Brookfield Property Partners Acquires Dev Site In Penn Plaza For $4M

The development site located at 321 West 33rd Street in Penn Plaza has been sold for a price of $4,000,000. The property spans across 26,240 square feet, resulting in a price per buildable square foot of $152. The transaction involved Brookfield Property Partners as the buyer, represented by Ric Clark, and SL Green Realty as the seller, represented by Andrew Matthias and Marc Holliday.

Summary of transaction details

• Property Type: Dev Site
• Transaction Amount: $4,000,000
• Address: 321 West 33rd Street
• Market: Penn Plaza
• Buyer: Brookfield Property Partners - Ric Clark
• Seller: SL Green Realty - Andrew Matthias & Marc Holliday

This deal showcases the involvement of key individuals and companies in the real estate market. Ric Clark, representing Brookfield Property Partners, played a crucial role as the buyer in the transaction. On the other side, Andrew Matthias and Marc Holliday represented SL Green Realty as the sellers. Their expertise and negotiations were pivotal in closing this successful deal.