Posted May 21, 2014, 10:07 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,901
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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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NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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