Brooklyn’s David Werner To Buy Woolworth Space For $70 Million

Real estate investor David Werner is buying the upper portion of the Woolworth Building for a reported $70 million.

Mr. Werner, a Brooklyn-based buyer, has made several notable acquisitions in the recent past. Last November he entered into contract to purchase the prominent Long Island City skyscraper 1 Court Square, a 700,000-square-foot office tower largely occupied by Citibank, for a little under $500 million from SL Green.

Reached in his office, Mr. Werner said he couldn’t speak until the contract for the deal for Woolworth’s space closes in about 10 days.
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Brooklyn’s David Werner To Buy Woolworth Space For $70 Million