NREI’sannual ranking of the top owners of office real estate has been revised to include new information from some companies and expanded with new entries from others.
Andrea Rosen and Luhring Augustine Gallery sold their shared building on Manhattan’s West 24th Street to Siras Development for $28 million in March. That’s a 1,650 percent return.
The Federal Reserve kept the interest rate flat in May, reports the Wall Street Journal. Amazon has put the breaks on its expansion plan in Seattle due to a possible new city tax, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
Key Accounts Manager/New England and Canada Matt Butcher
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