Seaport Entertainment Q3 net loss $33.2M, revenue up 14.3% YoY; sells 250 Water St for $150.5M

Seaport Entertainment Group Inc.

2025-Q3 EPS reported -$6.29 revenue$100,920,000

Net loss of $33.2M ($2.61/share) vs $32.5M in prior year; adjusted net loss $7.2M ($0.57/share).
Total revenues $45.1M, up 14.3% YoY, driven by consolidation of Tin Building by Jean-Georges.
Agreed to sell 250 Water Street development site for $150.5M to Tavros, a NYC real estate firm.
Appointed Matt Partridge as CEO and Lenah Elaiwat as interim CFO.
Signed license agreements for Flanker Kitchen + Sports Bar and Hidden Boot Saloon at Pier 17.

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