In a Dead Market, Bank of N.Y. Sells Defaulted Office Building
Bank of New York Co. last week sold a 320,000-square-foot midtown Manhattan office building for $22 million, about half the face value of the mortgage that went into default last year.
Access to authoritative analysis and perspective and our data-driven report series.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In