Sellers of Former Ford Motor Company Building on Far West Side Seeking $630M

Partners Bill Ackman and Georgetown Co. have introduced the sale offering of the 10-story building previously owned by the Ford Motor Company. Located in Midtown’s Hell’s Kitchen neighborhood at 787 Eleventh Avenue, the sellers are seeking a price of roughly $630 million. Currently fully leased, the partnership purchased the property in 2015 for $255.5 million, investing more than $100 million to overhaul the building.