Deals & Dealmakers

Stock Exchange building sold for $87M

By Sarah Trefethen

A former New York Stock Exchange building — a potential downtown development site — has changed hands.

Fisher Brothers has purchased 123 Greenwich Street, also known as 22 Thames Street, for $87.5 million, according to city records.

Investor and philanthropist Michael Steinhardt and a partner bought the property from the New York Stock Exchange in February last year for $48 million, part of a package that included the neighboring lot, for a total sale price of $65 million.

At the time, the Wall Street Journal reported Steinhardt’s plans to build a retail complex, hotel and a residential tower at the two-lot site.

Fisher Brothers owns and operates a number of Manhattan office buildings, including 299 Park Place. The company did not y return a call requesting comment.

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