Thursday 27 February 2020

Rockwood looks to get nearly $600M for Grand Central office tower

A Midtown office tower that Harry Macklowe developed at the start of the 1980s building boom is up for sale. Rockwood Capital has put the 44-story 2 Grand Central Tower on the market, sources told The Real Deal. The New York-based real estate private equity investor is expecting pricing in the mid $800 per-square-foot range, which would put the cost in the neighborhood of $580 million, according to a source familiar with the offer. A



source https://therealdeal.com/2020/02/27/rockwood-looks-to-get-nearly-600m-for-grand-central-office-tower/

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