RXR Realty And SL Green Acquire Worldwide Plaza In Manhattan For $1.73B

The Worldwide Plaza, located at 825 Eighth Avenue in New York City, has changed hands in a notable office transaction. The property encompasses a total area of 2,055,583 square feet, making it a significant asset in Manhattan's office market. The transaction saw a 48.7% interest in the property being sold for a staggering price of $1,725,000,000, with a price per square foot of $839.

Summary of Transaction Details:

• Property Type: Office
• Transaction Amount: $1,725,000,000
• Square Footage: 2,055,583
• Price per Square Foot: $839
• Address: 825 Eighth Avenue, New York
• Market: Manhattan

The seller of the Worldwide Plaza was NY Reit, while the buyers involved in the transaction were @RXR_Realty and SL Green (@slgreen_realty). The deal was facilitated by the brokers Eastdil Secured and CBRE.