Israeli billionaire Idan Ofer started the year with an acquisition of a Financial District office building. He’s ending the year with plans in place for Manhattan’s next big conversion. Ofer’s Quantum Pacific Group and Nathan Berman’s Metro Loft Management filed plans for a 614-unit office-to-residential conversion at 101 Greenwich Street, the Commercial Observer reported. The partners bought the 26-story property from BentallGreenOak in February for more than $100 million. Quantum Pacific could not be reached for comment by the publication, while Metro Loft did not respond to a request for comment. Quantum Pacific and Metro Loft already work together elsewhere. […]
This article originally appeared on The Real Deal. Click here to read the full story.