Owners of two big Manhattan office buildings are refinancing, cashing in on recent price rises that some think may be just about over.

Douglas Durst is looking to refinance his recently completed office tower at Four Times Square, according to people familiar with the developer's plans. The 1.6 million-square-foot office building houses the publishing giant Conde Nast and the law firm Skadden, Arps, Slate, Meagher & Flom.

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