Posted Sep 14, 2012, 5:35 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,915
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Sold again...
http://therealdeal.com/blog/2012/09/...-150m-sources/
Fisher Bros. buys American Stock Exchange site for $150M: sources
Michael Steinhardt and Allan Fried purchased assemblage last year for $65M
September 14, 2012
By Adam Pincus
Quote:
The family-run real estate investment company Fisher Brothers purchased the American Stock Exchange building and a neighboring development site in Lower Manhattan from two investors who bought the properties in 2011, multiple sources said. The sales price was $150 million. Fisher Brothers closed yesterday on the acquisition of 86 Trinity Place, the former home of the American Stock Exchange, and 22 Thames Street next door, the sources said. The sellers, Michael Steinhardt and Allan Fried, purchased the two properties Feb. 16, 2011. They paid $17 million for the vacant American Stock Exchange building, and $48 million for 22 Thames Street, city property records show.A spokesperson for Fisher Brothers said that there was no information immediately available from the company. Calls to Steinhardt and Fried at Steinhardt Management were not immediately returned.
Steinhardt and Fried discussed plans in published reports in June to build a 174-unit hotel with 100,000 square feet of retail at the 15-story stock exchange building, which has the alternate address of 123 Greenwich Street. In July they revealed plans to build a 300,000-square-foot residential building at 22 Thames Street at the corner of Greenwich Street.
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