Bloomberg News

HSBC Alternative Buys Remainder of 1540 Broadway in Manhattan

September 30, 2011

Sept. 30 (Bloomberg) -- HSBC Alternative Investments Ltd. and EDGE Fund Advisors bought the 51 percent of 1540 Broadway on Manhattan’s Times Square that the HSBC unit didn’t already own. Tenants include Yahoo! Inc., Pilsbury Winthrop Shaw Pittman LLP and China’s Xinhua News Agency. No price was given.

To contact the reporter on this story: Ross Larsen in London at rlarsen2@bloomberg.net

To contact the editor responsible for this story: Ross Larsen at rlarsen2@bloomberg.net


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