From left: Robert Knakal, Kent Swig and 140 William Street (building photo source: PropertyShark)
Embattled developer Kent Swig may be close to selling off 140 William Street. The seven-story office building in the Financial District has attracted the interest of potential buyers, according to Crain’s. Although it’s not immediately clear what the offering price was for the 48,000-square-foot building, the asking price had been $14.2 million, which comes out to around $300 per square foot. Listing broker Robert Knakal, chairman of Massey Knakal Realty Services, said that the buyers are currently debating whether to keep the building as an office tower or transform it into a residential space.
