The Real Deal New York

Rockrose’s Tribeca Pointe slated to fetch $300M

Seller seeking buyer to keep building as rental or convert to condos
March 12, 2014 09:09AM

Tribeca Pointe, a 42-story rental complex in Battery Park City, is expected to sell for at least $300 million.

Rockrose Development tapped a team of Studley brokers, including Woody Heller, Will Silverman, Eric Negrin, and Daniel Parker, to market the 285,000-square-foot building. The developer is seeking a buyer who would either convert the 80 percent portion of the 80/20 affordable housing setup into condominiums, or continue to operate the entire property at 41 River Terrace as a rental.

A gym, deli and children’s playroom are among the building’s amenities. [NYP, 2nd item]Mark Maurer