The Real Deal New York

1540 Broadway office space now for sale alone

January 06, 2009 08:21AM

The Post reports that Deutsche Bank is no longer trying to sell Harry Macklowe’s 1540 Broadway and Worldwide Plaza as a package, and is now in the process of selling the office space at 1540 Broadway. Sources say the office portion of the building, about 880,000 square feet, is being sold for $375 to $450 per square foot, although a contract has not been signed yet. The building, at 44th Street, also includes three condo units, retail space and a garage, owned by Vornado Realty Trust. About 160,000 square feet of the office space is vacant, and tenants include Viacom and several law firms.

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