Downtown developers seeing windfall

In the early 1990s, some New York developers bought office buildings in Downtown for $5 a square foot. The investments, of course, bore spectacular fruit, even with renovation costs factored into the final sales prices. Many of these office buildings, too, are now being sold as condos. more [Sun]

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.