Deals

Manhattan Office Tower on Far West Side Sells for $1 Billion

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Cove Property Group and Baupost Group sold Hudson Commons, a newly redeveloped office tower on the far west side of Manhattan, for $1 billion.

The buyer of the 697,958-square-foot (64,842-square-meter) building, at 441 Ninth Ave., was the Los Angeles-based real estate firm CommonWealth Partners, according to a statementBloomberg Terminal Monday. The deal is among the most expensive in New York since the pandemic started.