NEW YORK – Feb. 17, 2023 – Gary S. Kleinman and Karen L. Geringer, Real Estate Practice shareholders at global law firm Greenberg Traurig, LLP, assisted affiliates of Vanbarton Group in selling 15 Laight St., an eight-story office building in New York City’s Tribeca neighborhood, to 15 Laight NY LLC for a reported price of $273.5 million.
New York-based Vanbarton, a real estate investment and advisory company, previously purchased the building in 2016 and completed a full renovation of the 108,000-sq.-ft property, converting it to boutique offices. Located at the mouth of the Holland Tunnel, the site formerly was a venue for the Tribeca Film Festival. Under the new ownership, the building will be used as an office and showroom for a major car brand.