Dart Acquires Financial District Office Tower for $252M | GlobeSt

2022-10-02 23:25:30 By : Ms. Alina Xie

Copyright © 2022 ALM Global, LLC. All Rights Reserved.

Dart Enterprises is buying a 31-story office tower at 175 Water Street, formerly the headquarters of insurance giant AIG, in Manhattan’s Financial District for $252M.

Dart Enterprises is owned by Ken Dart, heir to the Dart Container plastic foam coffee cup fortune, who gave up his US citizenship and moved to the Cayman Islands in 1994.

*May exclude premium content Already have an account? Sign In Now

Almost All Multifamily Developers Now Experiencing Construction Delays

Florida Faces Hundreds Dead and Tens of Billions in Damage From Hurricane Ian

Overall Office Space Demand Sinks for Third Month in a Row

The Major Impacts Covid’s Work From Home Has Had

How to Know if a Building Will Deliver as an Inflation Hedge

From the value employees place on it to the impact it’s had on housing, WFH has changed many things.

In some markets, demand has “fallen off a cliff” and some employers “hoping for a recession.”

Sponsored by Placer Labs Inc.

Download this white paper to understand if and how COVID impacted domestic migration patterns on a state, city and zip code level; including how these patterns are affecting CRE stakeholders.

Copyright © 2022 ALM Global, LLC. All Rights Reserved.