Blackstone acquired 8 Spruce Street, formerly known as Beekman Tower, from Brookfield Asset Management and Nuveen in 2022 for $930 million. Its last appraisal by the city came in at $802 million.

Designed by Frank O. Gehry, 8 Spruce, takes on many of the typical Gehryisms: It’s clad in titanium panels and employs his traditional curves and folds up the façade.

By Paulo Trevisani . The New York City Housing Development Corporation sold $550 million of bonds to refinance debt sold in connection with the development of 8 Spruce Street in Lower Manhattan.