Pfizer pulls space off the market

Pharmaceutical company Pfizer is pulling its 685 Third Avenue tower, at East 44th Street, off the market. The company plans to use the 650,000-square-foot building for the employees it will gain after an upcoming merger with Wyeth,
another pharmaceutical company. Pfizer still has 175,000 square feet
of sublease space on the market,
divided between 605 Third Avenue, at East 40th Street, and 220 East
42nd Street. The company, which maintains its headquarters at 235 East
42nd Street, announced its plans to sublease 685 Third Avenue in June
2008,
in an effort to save money.