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Swig Sells 36,000-SF Property at a Loss

NEW YORK CITY-Developer Kent Swig, a realty developer, has sold his office property at 140 William St. spanning 36,000 square feet to Chris Soukas, an investor based out of New York City.

By GlobeSt News Portal | Updated on July 30, 2010

NEW YORK CITY-Kent Swig, a realty developer, has sold his office property at 140 William St., spanning 36,000 square feet to Chris Soukas, an investor based out of New York City. The value of the deal was $11.35 million, less than half of the $23.9 million paid by Swig for the seven-story building during the 2007 realty boom.

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