Hidrock Properties pays $36M to Baldwin Realty and others for future development site in Financial District

Hidrock Properties through the entity 72 Nassau Associates, LLC paid Baldwin Realty and others, $36 million for 72 Nassau Street in the Financial District. The deal closed on December 3, 2019, and was recorded on December 10, 2019. The transaction consists of 2 parcels, including the tax class commercial condominium unit in a mixed-use building.
Hidrock bought out its former partners, and plans to build a 125,000-square foot mixed-use tower.

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