Seaport Entertainment Group sells 85 South Street residential building for $8.25 million

Bitget2026/09/29 20:15

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Seaport Entertainment Group completed the sale of its 85 South Street residential building in Lower Manhattan for USD 8.25 million.
Buyers were an affiliate of MD Squared Property Group and Churchwick Partners.
The eight-story property includes 21 multifamily units and 5,500 square feet of ancillary leasable space.
Howard Hughes Holdings, Seaport Entertainment Group’s former parent, acquired the asset in October 2014.
Proceeds are expected to support balance-sheet strengthening and a focus on entertainment and hospitality destinations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seaport Entertainment Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260929617031) on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Seaport Entertainment Group sells 85 South Street residential building for $8.25 million

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