Columbia, Normandy close on $205M purchase of 250 Church Street

Columbia Property Trust and Normandy Real Estate Partners have closed on their $205.5 million purchase of 250 Church Street in Tribeca, broker Avison Young announced Monday. They have also nixed plans to make it a residential building. The Real Deal first reported in February that Normandy and Columbia were in contract to purchase the building from Norvin Properties.  Norvin had filed plans in 2017 to convert the 16-story, 237,000-square-foot office building into a 107-unit residential

source https://therealdeal.com/2019/12/03/columbia-normandy-close-on-205m-purchase-of-250-church-street/