Seaport Entertainment Group Completes Sale of 85 South Street Residential Building for $8.25 Million
NEW YORK--(BUSINESS WIRE)--Seaport Entertainment Group Inc. (NYSE: SEG) (“Seaport Entertainment Group,” “SEG,” “we,” “our," or the “Company”) announced today it has successfully completed the sale of the eight-story residential building located at 85 South Street, New York, NY to an affiliate of MD Squared Property Group and Churchwick Partners for a sale price of $8.25 million. "Selling 85 South Street is another incremental step to strengthen our balance sheet while keeping our focus on the e