Seaport Entertainment extends 250 Water Street sale closing to Jan 28 2026, price increased to $152M

Seaport Entertainment Group Inc.

Total sale price for 250 Water Street increased to $152.0 million (from earlier amount, per exercised extension).
Closing date extended to January 28, 2026; buyer loses any further right to extend or adjourn.
Buyer (affiliate of Tavros Holdings) may request accelerated closing, but Seller not obligated before Jan 28.
Closing remains subject to unsatisfied conditions; no assurance deal will close.
Amendment also sets noise mitigation escrow and construction notice requirements.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Seaport Entertainment Group Inc. amended First Amendment to the Agreement with 250 Water Street Owner LLC valued at total of $152.0 million (effective 2025-12-15).

Action: amendment
Agreement: asset purchase
Counterparty: 250 Water Street Owner LLC
Value: total of $152.0 million
Effective: 2025-12-15

Exact text from the filing

On December 15, 2025, the Seller and the Buyer entered into a First Amendment to the Agreement (the “Amendment”) to provide that, among other things and notwithstanding anything to the contrary contained in the Agreement, the date of the closing of the transactions contemplated under the Agreement (the “Closing Date”) will be January 28, 2026, and the Buyer will have no further right to extend or adjourn the Closing Date.

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Seaport Entertainment Group Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-122063

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