Deal sheet    Single Deal
87 Chambers Street|Sales|09/22/2007
  • Event Sales
  • Address 87 Chambers Street
  • Price $ 23,000,000
  • Borough Manhattan
  • Neighborhood Tribeca
  • Publication Date 11/01/2007
  • Deal Date 09/22/2007
  • Party 2 Industrial Buildings Corp.
The 19th-century Tribeca building sold for $23 million to a joint venture between Israel's biggest real estate company and an unnamed partner. The team plans to spend another $25 million to convert the property into a 100-room boutique hotel. A $17 million loan was provided to finance the deal.