Updated at 2:30 p.m. The National Association for the Advancement of Colored People has sold three floors of a commercial condominium at 99 Hudson Street for $18.5 million, according to records filed with the city today.
The buyer was a company formed two years ago by a pair of former Tishman Speyer executives, called JMC Holdings, the Wall Street Journal reported yesterday. JMC founders Matt Cassin and David Taylor plan to gut the space and renovate it, and have tapped CBRE to lease the space, the Journal said. [more]