Wall Street’s long-vacant “ghost” building is being sold to a local real estate player, raising hopes that the 101-year-old landmark will finally be brought back to life.
The former home of JP Morgan at 23 Wall St. is being sold to retail developer Jack Terzi. The pricing is yet unclear, but sources told The Post it is “less” than the $150 million paid by mysterious, Singapore-based China Sonangol in 2008 to previous owner Africa-Israel.
The six-story, marble-fronted building is being sold without brokers and has been the subject of much speculation.
For a tall tale about how China Sonangol may or may not have come to its original purchase through individuals mixed up in the NYPD scandals, read The Post’s Steve Cuozzo’s story from July 4.
The 160,000 square feet stretches from the landmarked 23 Wall St. where banker Morgan once had his private offices, around the sloped corner to portions of the base floors of 33 Wall and 15 Broad St.
The stone fortress has been touted as a retail play for years, but it’s stood mostly dark — due to absentee ownership and landmark-related restrictions.
Prospective deals to lease it to Brooks Brothers and a multi-media event company fell through but Hermes has been a tenant since 2007.
The upper stories of 15 Broad next door were converted into apartments.
Terzi, known for making strategic deals with retailers, and China Sonagol could not immediately be reached for comment.
