That's according to WFMZ, which reports that council voted on the sale at its meeting Wednesday evening.
The buyer is Alpha Development, led by Mark Mulligan, the developer who will also oversee the renovation of the Simon Silk Mill and Governor Wolf Building and the final stages of the Pomeroy project.
The plan is to turn the first floor of the nine-story building into commercial space, have offices on the third, fourth and fifth floors, and 30 to 40 apartments on the upper floors.
The city, meanwhile, intends to move operations to a new building farther south on Third Street. Until that project is completed, it will rent the four floors of the building that it uses for $6 per square foot.