$57.35 Million Office Complex Sale to Federal Reserve Bank

We represented Somerset Associates in the $57.35 million sale of a 535,000-square-foot office complex formerly serving as the headquarters of Chubb Insurance. The property was sold to the Federal Reserve Bank of New York for development of a new cash services center.

We represented Somerset Associates in the $57.35 million sale of a 535,000-square-foot office complex formerly serving as the headquarters of Chubb Insurance. The property was sold to the Federal Reserve Bank of New York for development of a new cash services center.