National Commercial Real Estate News From CoStar Group
In The Pipeline: CoStar Development & Construction News for July 21 - 27
Partnership Acquires Tribeca Development Site for $223M
A partnership of Fisher Brothers and The Witkoff Group has acquired 101 Murray Street from St. John’s University for development of a mixed-use residential and commercial project.
The transaction represents the largest sale of a development site in Lower Manhattan and a record price for the area, according to Cushman & Wakefield, which represented St. John's in the transaction.