80 South Street Site Hits Market at Steep Discount

Oceanwide Holdings has introduced the sale offering of the development site located at 80 South Street. Plans at one time to construct a roughly 1,500-foot-tall luxury tower have remained in limbo over the past several years. Oceanwide is hoping to sell the South Street Seaport site for about $200 million, representing a steep discount from the $390 million Chinese company paid in 2016.

Source:    https://therealdeal.com/2021/10/21/chinese-developer-willing-to-sell-manhattan-supertall-site-at-big-loss/