US EditionSteve Roth’s Vornado Sells 40 Fulton Street for $101M
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Steve Roth’s Vornado Sells 40 Fulton Street for $101M
Vornado Realty Trust’s sale of the 29-story office building at 40 Fulton Street hit property records Wednesday, concluding a case study on how interest rates can affect a commercial transaction. Investor David Werner purchased the Financial District building for $101 million, well below the $130 million to $140 million Vornado sought for the 251,000-square-foot building upon putting it on the market last spring. The financing for the acquisitio…
·New York, United States
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