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South Korean Investors Acquire 195 Broadway in Lower Manhattan

L&L Arranges Sale of Land Beneath Historic Building as Part of Two-Step, $625 Million Recapitalization
A two-step recapitalization values New York City's 195 Broadway and the land beneath it at $625 million. (L&L Holding Co.)
A two-step recapitalization values New York City's 195 Broadway and the land beneath it at $625 million. (L&L Holding Co.)
CoStar News
December 2, 2019 | 8:01 P.M.

Samsung SRA Asset Management and Korea Investment Management, backed by various institutional and retail investors, have acquired an interest in 195 Broadway, a historic renovated office and retail building in New York City’s Lower Manhattan neighborhood.

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