Vanbarton Group – $450 Million Property Sale

Represented Vanbarton Group in the $450 million sale of its remaining interest in the Manhattan apartment tower 180 Water Street to MetroLoft Management. The sale is the second largest commercial real estate transaction in New York City in 2017, according to data from The Real Deal. MetroLoft had previously purchased a 10 percent stake in the building in 2014, and subsequently Vanbarton Group and MetroLoft converted the 24-story, 567,221-square-foot office building into rental apartments.