Seaport Entertainment Group

Seaport Entertainment Group has sold a Manhattan building for $8.25 million, according to an announcement carried by financial news outlets. The transaction marks another asset offloading by the struggling company as it works to shore up its finances following its spin-off from Howard Hughes Holdings in 2024, though further details about the buyer or the property were not immediately disclosed.

Seaport Entertainment Group has completed the sale of its residential building at 85 South Street for $8.25 million. The transaction marks another step in the company's efforts to streamline its portfolio and raise capital as it refocuses on its core Seaport entertainment and hospitality assets in Lower Manhattan.