Deals & Dealmakers

HHC eyeing Seaport Expansion

The Howard Hughes Corporation, which is currently redeveloping the Pier 17 Mall in the South Street Seaport, confirmed today in an announcement that it is considering another development site at 80 South Street, the former headquarters of the F.J. Sciame Company.

Sciame moved to 14 Wall St in 2008. The New York Post reported this morning that the development company has transferred the a $14.5 mortgage to Cord Meyer, who is in contract to sell the site to HHC.

“The Howard Hughes Corporation is committed to transforming the South Street Seaport, and today we are reaffirming our belief in the future of the area by expanding our investment,” Chris Curry, senior executive vice president of development for HHC, said in a statement. “Our immediate priority is the rebuilding of Pier 17, bringing great new retail back to the historic district and advancing our proposed mixed-use project with its vital pier infrastructure investments.”

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