Financial-Area Meditation Site for Sale

A center for transcendental meditation in New York's financial district is being offered for sale for $45 million, eight times more than the followers of the Maharishi Mahesh Yogi paid for it in 2004.

The five-story building at 70 Broad St. has 15,000 square feet of office space and luxury apartments, according to the Brown Harris Stevens brokerage. The nonprofit Global Country of World Peace uses the building to teach meditation, but it "can be used either as an office, mixed-use property or residence and is ideal for a corporation, individual or institution," the listing says.

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