Brian Chesky Of Airbnb Acquires Landmark Office Building In Manhattan For $81.5M

An office building located at 281 Park Avenue South, Manhattan was sold in a closed transaction. The asset encompasses a total of 42,500 square feet and was purchased for $81,500,000, resulting in a price per square foot of $1,918.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $81,500,000
• Address: 281 Park Avenue South
• Market: Manhattan
• Buyer: Brian Chesky - Airbnb
• Seller: Aby Rosen - RFR Holding

This transaction marks Airbnb's first property acquisition in New York City, setting the foundation for a significant employee hub while maintaining its flexible work policy. The deal features key individuals including Brian Chesky representing Airbnb and Aby Rosen representing RFR Holding in the sale.