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    Moynihan Station

    421 Eighth Avenue
    New York, NY 10001
    Residential, Sales, Condo, Multifamily
    • Address 421 Eighth Avenue
    • neighborhood Chelsea
    • borough Manhattan
    • developer VORNADO REALTY TRUST
    • block and lot 1-00755-0040
    • BIN 1084820
    • Event Sales
    • Address Farley Post Office Building
    • Neighborhood Penn Plaza
    • Borough Manhattan
    • Square feet 900,000
    • Price $ 41,500,000
    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.
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