Empire State Realty Trust has a deal to sell a mixed‑use office and retail property on Manhattan’s Billionaires’ Row to Namdar Realty Group for $280 million, a person familiar with the situation told CoStar News.
Empire State Realty goes under contract to sell Manhattan office property
$280 million deal with Namdar falls below appraised value, credit-rating firm says
By Andria Cheng
CoStar NewsApril 8, 2026 | 8:42 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Empire State Realty Trust
Real Estate
- Namdar Realty Group
Real Estate
- Contacts
- Marcella Fasulo
Executive Vice Chairman, Newmark
- Adam Spies
Co-Head of U.S. Capital Markets, Newmark
- Adam Doneger
Executive Vice Chairman, Newmark
- Joshua King
Executive Vice Chairman, Newmark