250 West Street in contract for $142M

Citigroup’s 250 West Street in Tribeca is in contract for $142 million. Plaza Hotel owner Miki Naftali is the buyer of the 371,000-square-foot, 11-story building that will reportedly be leased back by Citigroup for two years while a luxury condo conversion is planned. Cushman & Wakefield marketed it. more [Post]