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Rockrose Said in Talks to Buy Manhattan Tower for $370 Million

Rockrose Development Corp. is in negotiations to buy a midtown Manhattan office tower from Larry Silverstein and the California State Teachers’ Retirement System for $370 million, a person with knowledge of the talks said.

Rockrose, primarily a Manhattan apartment landlord, may reach an agreement with the owners of 575 Lexington Ave. in 60 to 90 days, said the person, who declined to be identified because the matter is private. The 35-story tower was the subject of a foreclosure filing last year by representatives of the property’s lenders.