Bushburg buying 60 Wall Street for $400M
Singaporean sovereign wealth fund GIC is unloading the office tower at 60 Wall Street in the Financial District for about a third of its 2017 value. Joseph Hoffman’s Bushburg Properties is in contract to buy the 50-story, 1.6 million-square-foot property for about $400 million, sources told The Real Deal. The building has been vacant since Deutsche Bank moved out in 2021, setting the stage for a potential residential conversion, a specialty of Bushburg’s. Eastdil Secured Savills’ Gary Phillips and Will Silverman brokered the deal. They declined to comment. GIC and Bushburg did not respond to requests for comment. GIC purchased […]
This article originally appeared on The Real Deal. Click here to read the full story.
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