Cincinnati Enquirer: Carew Tower would require major investment
September 16, 2022
Carew Tower, a 49-story mixed-use building located in downtown Cincinnati, was recently sold to an affiliate of New York-based Veles Partners LLC for $18 million. Adjusted for inflation, Carew Tower — which opened in 1930 — would have cost $572 million to build in 2022, according to The Cincinnati Enquirer.