250 Church St./ Image by CoStar Group
NEW YORK CITY—Normandy Real Estate Partners and Columbia Property Trust announced they have agreed to purchase 250 Church St., a 235,000-square-foot, 16-story office building in the TriBeCa neighborhood of Manhattan. The transaction is expected to close later this year. The developers declined to disclose the seller and the amount paid.
Commercial Observer had reported that the seller was Norvin Properties and the purchase price was $205 million, which the developers neither confirmed nor denied.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
