Along with attempting to downsize its budget and pension obligations, the city is looking to downsize its real estate.Who says they don't make more real estate?
"We have 1 million square feet too much," Deputy Mayor Stephen Goldsmith told the executives of the Real Estate Board of New York yesterday at the group's holiday lunch at the Waldorf Astoria.
Wednesday, December 15, 2010
NYC to shrink its real estate
The New York Post reports: