SoHo Office Building Ground Lease Fetches $50M

London-based Chelsfield Group has purchased the ground lease of the 128,000-square-foot building located in SoHo at 580 Broadway from fee-owner Broad-Prince Realty. The transaction attracted a price of $50 million; and was financed a $35 million loan provided by Miami-based BridgeInvest.

Source:    https://therealdeal.com/2022/04/01/london-firm-resurfaces-in-ny-with-50m-soho-deal/