NEW YORK CITY—The notoriously quiet developer reportedly hasagreed to pick up the property from Fisher Bros. and StevenWitkoff.


NEW YORK CITY—Developer and condominium marketer Michael Shvo isin contract to buy 22 Thames St.—also known as 125 GreenwichSt.—for about $180 million, according to the New YorkPost.


Shvo reportedly is set to grab the asset from Fisher Bros. andSteven Witkoff, who paid approximately $87.5 million in September2012. The transaction is being handled by Andrew Scandalios, seniormanaging director, HFF. A spokeswoman for the firm did return callsfrom requesting confirmation of this news. Watch thisspace for a possible update.


For more on this deal, click here.

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Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.