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Originally Posted by sparkling
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They got what they were asking for, a pretty price. Tishman paid about $430M for its Hudson Yards site, Silverstein $100M for his. But this is the upper west side, very near "Billionaire's Row". I don't think of Avalon as very high end builders, but regardless of how tall whatever gets built here is, it will have to be at the high end of the Manhattan real estate game.
http://www.avaloncommunities.com/community-list
http://www.thenonprofittimes.com/new...-million-bank/
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After almost two centuries in New York City, the American Bible Society (ABS) has sold its headquarters for $300 million and plans to move to Philadelphia this summer.
The new headquarters will be located in Philadelphia’s historic district, encompassing nearly 100,000 square feet of leased space on the eighth and nine floors of 401 Market St. The vast majority of the roughly 180 employees in the New York and Valley Forge, Pa., offices are being invited to relocate to the Philadelphia headquarters but there’s no final count yet on how many can make the transition. ABS expects to “maintain a presence” in New York.
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