other material
confidence high
sentiment neutral
materiality 0.60
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.