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January 30, 2019  

MARKET SPOTLIGHT: Midtown Manhattan Office Properties

Sales soared 75% last year to $16.6 billion, the fourth-highest total ever. With multiple new $500 million-plus offerings already teed up, brokers expect another banner year.SL Green Realty is talking to brokers about listing the former Daily News building, at 220 East 42nd Street. The 1.2 million-sf property could be valued as high as $1 billion. Separately, an SL Green partnership will soon market the 460,000-sf building at 521 Fifth Avenue via...

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