Sotheby's Buys Long Island City Office Building For $82M
The auction house acquired Gantry Point in Long Island City from Columbia Property Trust, which led its conversion from a former warehouse.
Source: therealdeal.com
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The auction house acquired Gantry Point in Long Island City from Columbia Property Trust, which led its conversion from a former warehouse.
“Our objective was never to own a 100 percent spec building,” said developer Ed Haselden, who unloaded the five-story building after WeWork backed out of its lease.