Boston Properties wrapping up $100M revamp of 360 Park Avenue South featuring new roof deck, amenities center
Boston Properties(BXP) New York Post·2024-03-03 16:52
No, the world isn’t ending — and neither is 360 Park Avenue South, the prewar office tower at East 26th Street where Boston Properties is wrapping up a more than $100 million repositioning and upgrade.Last week, Canada Pension Plan Investment Board unloaded its 29% stake in the tower for exactly $1.The lucky payer of that dollar, Boston Properties, bought the 1913-vintage, 440,000 square-foot tower with partners in 2021 for $300 million.The “sale price” was actually worth more than it seemed. Boston report ...