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Blackstone Buys Stake in Manhattan Mixed-Use Property From Goldman Sachs for $171.4 Million

Building on Lower East Side Includes 378 Rental Units
Blackstone has bought a stake in The Suffolk at 55 Suffolk St. in Manhattan. (CoStar)
Blackstone has bought a stake in The Suffolk at 55 Suffolk St. in Manhattan. (CoStar)
CoStar News
May 24, 2024 | 1:09 P.M.

Blackstone, the world’s largest commercial property owner, has bought a minority stake in a mixed-use luxury residential property on Manhattan’s Lower East Side from Goldman Sachs for $171.4 million.

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