Hyundai Motor Group has purchased for $275M a redeveloped, eight-story boutique office building in Lower Manhattan’s Tribeca neighborhood, near the Holland Tunnel.

The Seoul, South Korea-based automaker plans to use the building for its NYC offices and a ground-floor showroom. The company acquired the property at 15 Laight Street from developer Vanbarton in a cash transaction brokered by Newmark.

Jack Rogers

 

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