BFC Partners Acquires Mixed-Use Project In Manhattan For $260M

The mixed-use project located at 202 Broome Street in Manhattan, NY has recently undergone an acquisition and construction loan financing. The project encompasses a total of 216,122 square feet and is valued at $260 million. The all-in price per square foot stands at $1,203.

Summary of transaction details

• Property Type: Mixed-use project
• Transaction Amount: $260 million
• SF: 216,122 sf
• ALL IN PPBSF: $1,203
• Address: 202 Broome Street, Manhattan, NY

Leading the development is BFC Partners, with Don Capoccia as one of the key figures involved. The project has attracted the attention of notable individuals including Craig Solomon, Ron Moeli, Charles R. Bendit, Lloyd Blankfein, Michael Gigliotti, Evan Pariser, and Scott Aiese. These individuals have played a crucial role in the successful completion of this transaction.