Rockwood takes another shot at selling Grand Central office tower

Rockwood Capital is headed towards sticker shock at 2 Grand Central Tower after failing to sell the office building in the waning pre–pandemic days. Rockwood is again on the hunt for a buyer of the office property at 140 East 45th Street near Grand Central Terminal, the Commercial Observer reported. The 667,000-square-foot asset is being marketed by Eastdil Secured’s Gary Phillips and Will Silverman. Ownership of the 44-story property is looking for a price upwards of $270 million for the building. Rockwood took out a $260 million loan from MetLife to refinance the property in 2018, a debt that remains […]This article originally appeared on The Real Deal. Click here to read the full story.