Jack Terzi Acquires Office Building At 14 Vesey St In FiDi For $20M

The New York County Law Association has entered into a contract to sell their office building located at 14 Vesey St in the Financial District (FiDi) neighborhood. The property, which spans 40,000 square feet, is being sold to Jack Terzi, represented by his agency @JT_RE. The agreed sale price for the office space is $20 million, resulting in a per square foot price of $500. Brokers Daniel Kaplan and Timothy Sheehan from CBRE facilitated the transaction.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $20 million
• Address: 14 Vesey St
• Market: FiDi
• Buyer: Jack Terzi (@JT_RE)
• Seller: The New York County Law Association
• Brokers: Daniel Kaplan and Timothy Sheehan (CBRE)
• Square Footage: 40,000
• Price per Square Foot: $500

The New York County Law Association, represented by @NYCountyLawyers, has made the decision to sell their office building located at 14 Vesey St in FiDi. Jack Terzi, the buyer, is acquiring the property through his agency @JT_RE. The deal was facilitated by brokers Daniel Kaplan and Timothy Sheehan from CBRE. This sale has a significant value of $20 million, with the office space covering an area of 40,000 square feet. The transaction was finalized at a price of $500 per square foot.