Planned Parenthood Buys NY Headquarters For $35M

Law360, New York (January 25, 2012, 6:46 PM EST) -- The Planned Parenthood Federation of America Inc., the nation’s leading reproductive health care provider, has acquired the space housing its headquarters in New York for roughly $35 million, according to public filings Tuesday.

The nonprofit purchased the commercial condominium units from Vectra Management Group Inc. for $34.8 million, according to filings at the Office of the New York City Register.

The sale concludes a drawn-out struggle for Planned Parenthood to finally own the property it has long rented. The organization has leased several floors of the...
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