After a year of legal disputes over who would get paid first—and global notoriety when its unfinished 49-story towers were covered in graffiti shortly before the Grammy Awards were held across the street—it looks like the bankruptcy sale of Oceanwide Plaza is finally getting underway.
Colliers and Hilco Real Estate have been tapped to handle the marketing and sale of Oceanwide Plaza. They are promising a "disciplined and orderly" process.
"We are determined to run a disciplined and orderly process to identify the right developer to finish the project in time for the 2028 Summer Olympics," said Mark Tarczynski, an executive VP at Colliers, in a release.
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