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Report: Normandy, Columbia partner to purchase NYC building for $200M

Feb 28, 2019 - SNL Real Estate Daily

Normandy Real Estate Partners LLC and Columbia Property Trust Inc. are buying the commercial building at 250 Church St. in the Manhattan's Tribeca neighborhood in New York City from Norvin Properties for approximately $200 million, The Real Deal reported, citing sources familiar with the deal.

In 2017, the seller of the 15-story building intended to convert the property into a residential development featuring 107 units. According to the publication, it is unclear whether the asset's new o...