Sales | The Real Deal New York

The Real Deal New York

Deal sheet    Single Deal
Sales
  • Event Sales
  • Address 450 West 15th Street
  • Square feet 281,361
  • Price $ 295,000,000
  • Price per foot $ 1,048.48
  • Borough Manhattan
  • Neighborhood Chelsea
  • Publication Date 03/01/2013
notes
The property sold for $295 million. The deal involved a piece of seller financing, with Stellar providing a $150 million short-term loan to Jamestown, which appears in public records. The move was intended to help the deal close quickly, while giving Jamestown more time to iron out long-term financing, The Real Deal has learned.