From left: Steve Witkoff, Ruby Schron and the Woolworth building

The Witkoff Group and Cammeby’s International partnership that owns the historic Woolworth building is in talks to sell the property for as much as $500 million, the New York Post reported. Steve Witkoff and Ruby Schron’s companies joined forces to purchase the 59-story, 935,633-square-foot building, at 233 Broadway near Barclay Street, for $137.5 million in 1998. [more]

Italian real estate and financial firm Sorgente Group is the latest among a series of international investors eyeing Manhattan office buildings. Sorgente CEO Valter Mainetti told Bloomberg that his group is in talks to purchase a 51 percent stake in the 57-story Woolworth Building at 233 Broadway in the Financial District. Sorgente, which is also invested in the Flatiron Building, is reportedly in talks to invest in two other New York City buildings, but Mainetti said he could not disclose what they were.