Boston Properties sold the 1.2 million-square-foot, class A office complex at 280 Park Ave. to a foreign investor for about $1.2 billion, or $1,018 a square foot. Soon afterward, Sitt Asset Management and Steve Sutton sold the 15-story, 298,000-squarefoot office building at 1466 Broadway, aka Six Times Square, for about $300 million, or $1,007 a square foot.If you are a decision maker in corporate America, and you have employees in NYC that aren't absolutely necessary why are they there?
Tuesday, July 25, 2006
The Square Footage Record in Manhattan
The New York Sun reports:
