Seaport Entertainment Group sells 85 South Street residential building for $8.25 million
Bitget2026/09/29 20:15- 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.
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