RE Rumor Mill: AmEx Bldg., Madd Equities, Northside Piers
By Linda Chiem (April 11, 2014, 5:35 PM EDT) -- The former American Express Co. building at 65 Broadway in the Financial District has attracted would-be suitors seeking to snatch up the 21-story, 350,000-square-foot New York landmark. Morristown, N.J.-based real estate investment firm Normandy Real Estate Partners is in negotiations to acquire the Class A building, which sits just south of Rector Street, on behalf of an Asian investor, Crain's New York Business reported.
While Normandy may be in the running, a deal has not been finalized, and other potential buyers may emerge from the woodwork, or the building's owner, AM Property Holding Corp., may decide to hang on to the...
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