100 Pearl Street
100 Pearl Street is a 27-story corner modern office building in the Financial District spanning 963,045 SF across 27 stories. Northwind, together with our JV partner GFP Real Estate, entered into a contract to acquire the building in December 2017 and closed on the property in October 2019. The building is adjacent to the historic Stone Street, which is home to some of the most popular restaurants and bars in FiDi. The Partnership repositioned the property, executing some of the most notable leases in the downtown market, including a 24-year lease with NY Health and Hospital and a 20-year lease with the Securities and Exchange Commission. After completing a $250M modernization and leasing the property to 93% occupancy, the partnership sold the asset in 2021 for $850M.