Two Tribeca properties sold for $57 million

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

In a package deal, the Usdan Family has sold two Tribeca properties in Manhattan, N.Y., for $57 million. A Burgos, Spain-based buyer, 71 Laight Street LLC, purchased the contiguous properties, 401 Washington St. and 422 Greenwich St. A six-story, 57,500-square-foot building occupies 401 Washington St. and a 10,000-square-foot parking garage sits on 422 Greenwich St. The properties had been in the Usdan family for decades and were most recently owned by Nathanial Usdan and his brother Martin in a tenant-in-common arrangement. ...