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Old Posted Jan 28, 2020, 10:59 PM
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Location: Toronto
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The price of the Coca-Cola Building can't just be for the existing asset can it? It's not very big, and at a 4% cap rate and 250,000 SF they'd have to be charging ~$150/SF net.

I don't know how heritage protection works in NYC, would they be allowed to build high-rise residential on top?
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