LA's iconic US Bank Tower sold to NYC developer


Silverstein Properties closed on its $430 million deal to buy US Bank Tower, an iconic Downtown Los Angeles property whose purchase price was far below initial expectations. [...] In a statement, chairman Larry Silverstein said: “I believe in the future of Downtown Los Angeles.”



The 73-story US Bank Tower, designed by Henry N. Cobb of Pei Cobb Freed & Partners, was once the tallest building west of the Mississippi River until the recently completed Wilshire Grand Center in Los Angeles and later the Salesforce Tower in San Francisco took over that title.

The 36-foot-long glass 'SkySlide' was added on the outside of the tower's 70th and 69th floors in 2016.

Alexander Walter via Archinect - News https://bit.ly/3kFYQYd

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