Cases and Deals

Owners of Worldwide Plaza Sell Portion of Ownership Interest

Blank Rome represented a partnership consisting of George Comfort & Sons, DRA Advisors LLC, and RCG Longview—owners of the iconic Worldwide Plaza in midtown Manhattan—in the sale of nearly half of its ownership interest in the property to American Realty Capital.  The property is valued in excess of $1.25 billion—more than twice the 2009 acquisition cost.