Tuesday, April 17, 2007

Huge profits on New York's skyscrapers

Huge profits on New York's skyscrapers

Charles Bagli in New York, April 14, 2007

This week Tishman Speyer Properties put the historic headquarters of The New York Times Co on West 43rd Street on the block for $U500 million ($606 million) - nearly three times the amount Tishman Speyer paid for it, $US175 million, in November 2004.

Read the full news report from here @ SMH, Australia

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