Scholastic Sells NYC HQ and Missouri Facility for $401M

Tuesday, Dec 2, 2025 11:03 am ET1min read
SCHL--

Scholastic is divesting its NYC headquarters on Broadway and its Missouri distribution center for a total of $401M. The company will sell its New York HQ to Empire State Realty Trust, and its Missouri facility to funds managed by Fortress Investment Group.

Scholastic Sells NYC HQ and Missouri Facility for $401M

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