Oct
10
Tribeca Office Building Commands $90M
ByThe former home of the Tribeca Film Festival was acquired by Vanbarton Group.
13-17 Laight St.
New York—The Vanbarton Group has acquired the former home of the Tribeca Film Festival, an 82,500-square-foot corner loft building in New York City’s Tribeca neighborhood, from a partnership between VE Equities and WhiteStar Advisors for $90 million.
Eastern Consolidated arranged the sale of 13-17 Laight St., and Ezratty procured the buyer.
“This is an exciting opportunity in the heart of Tribeca,” Roberto Ortiz, Eastern Consolidated senior director & principal, said in a prepared statement. “The property was delivered vacant and the buyers are planning to convert it into a high-end office building.”…