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Verizon to Sell Part of NYC Icon to Condo Developer

Magnum Real Estate to Convert 22 Stories to Luxury Residential
CoStar News
September 13, 2013 | 2:30 P.M.

Verizon Communications Inc. has agreed to sell the top portion of the landmark 140 West St. skyscraper to an affiliate of Magnum Real Estate Group for $274 million, and relocate about 1,100 employees to another property owned by the telecommunications giant in Brooklyn.

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News | Verizon to Sell Part of NYC Icon to Condo Developer