advanced search Moynihan Station
- Address 421 Eighth Avenue
- neighborhood Chelsea
- borough Manhattan
- developer VORNADO REALTY TRUST
- block and lot 1-00755-0040
- BIN 1084820
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- Event Sales
- Address Farley Post Office Building
- Neighborhood Penn Plaza
- Borough Manhattan
- Square feet 900,000
- Price $ 41,500,000
- Publication Date 11/03/2018
- Event Date 10/30/2018
- Party 1 Related Companies
- Party 2 Vornado Realty Trust
notes
The buyer bought a majority stake in the Penn Plaza property for $41.5 million.
- Event Sales
- Building Name Farley Post Office
- Address 421 Eighth Avenue
- Neighborhood Penn Plaza
- Borough Manhattan
- Square feet 1,500,000
- Price $ 230,000,000
- Price per foot $ 153.33
- Publication Date 05/01/2007
- Event Date 03/22/2007
- Party 1 United States Postal Service
- Party 2 Empire State Development Corp.
notes
The state bought the post office for $230 million in the first step of the development of Moynihan Station. The Port Authority of New York and New Jersey paid $140 million of the acquisition.