Bushburg in Contract to Buy 60 Wall Street at Jaw-Dropping Discount
Friday, November 6, 2026 · first reported by Commercial Observer
Bushburg Properties, led by Joseph Hoffman, is in contract to buy 60 Wall Street, a 1.6 million-square-foot, 46-story office tower in Manhattan's Financial District, for $400 million, according to The Real Deal as cited by Commercial Observer. The seller is Singaporean sovereign wealth fund GIC, which paid $1.04 billion in 2017 for a 95 percent stake. Deutsche Bank left the building in 2021. Gary Phillips and Will Silverman of Eastdil Secured Savills represented the seller. Bushburg has the option of converting the tower to residential use.
- Also named
- GIC
- Deal value
- $400M
- People
- Joseph Hoffman
- Asset class
- Real estate
- Geography
- North America
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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