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Bank of America to Sell 222 Broadway for $230M

NEW YORK CITY-L&L Holding and Boston-based Beacon Capital Partners have reached a contract to buy 222 Broadway, a 27-story office tower situated between Fulton and Ann, for $230 million.

By GlobeSt News Hub | Updated on April 17, 2012

NEW YORK CITY-L&L Holding and Boston-based Beacon Capital Partners have reached a contract to buy 222 Broadway, a 27-story office tower situated between Fulton and Ann, for $230 million. Bank of America Corp. is the owner of the Broadway building.

This is the third transaction in the city for Beacon in the last 12 months and second deal with L&L. The building comprises approximately 756,000 square feet of space. The bank has plans to lease back the building. For the full story, go to Crain’s New York Business .

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