The Vanbarton Group has purchased the building in New York city which previously served as the Tribeca Film Festival’s main venue on Laight Street, in a $90 million sale. The 82,500 square-foot pre-war corner loft elevator building offers 140 feet of frontage on Laight Street, 99 feet of frontage on Varick Street, and 99-feet of frontage on St. John’s Lane. The property is in a highly accessible location near the A, C, E & 1 lines and the Holland Tunnel. Brian Ezratty, Vice Chairman and Principal of Eastern Consolidated, and Roberto Ortiz, Senior Director and Principal, represented the seller, 810-VE Laight, LLC, a partnership between Whitestar Advisors and VE Equities. The transaction marks the second time Eastern Consolidated has arranged the sale of this property. Ortiz represented 810-VE Laight, LLC when it purchased the building for $56 million in 2012, and also represented the seller at the time, Mazda Realty Associates LLC.
