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Old Posted May 21, 2014, 10:07 PM
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NYguy NYguy is offline
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Join Date: Jul 2001
Location: Borough of Jersey
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I wonder if Macklowe will convert the tower into residential...


http://online.wsj.com/news/articles/...76263894927196

Bank of New York to Sell Tower to Investor Harry Macklowe


By Eliot Brown and Keiko Morris
May 21, 2014


Quote:
Bank of New York Mellon Corp. has agreed to sell its Art Deco headquarters tower at 1 Wall Street to a venture led by investor Harry Macklowe

In addition, Bank of New York is in negotiations with landlord Brookfield Office Properties to lease more than 400,000 square feet at 225 Liberty Street, these people said. The lease deal is fluid and could still collapse.

..."We're very pleased to be associated with this landmark property," a spokesman for Mr. Macklowe said Wednesday.
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