Silvera Properties buys Tribeca site for $25M

Silvera Properties, a Hamptons homebuilder, has purchased a collection of three Tribeca buildings for $24.5 million, according to sources familiar with the deal. The sites at 29-31 Leonard Street and 198 West Broadway span 29,500 square feet and come with no additional square footage, as they are already overbuilt. The seller is Transit Trading Corporation, a spices importer that has owned 198 West Broadway since the 1970s and has since vacated the property. David Silvera’s firm intends to do a […]Home Page,Popular,Commercial Real Estate,jll,tribeca