Tuesday, October 17, 2006
Source: businessweek.com
The proof price for a real estate business in the U.S. was damaged on Oct. 17 when Tishman Speyer accessible owner MetLife $5.4 billion for the 80 acres of Stuyvesant Town in Manhattan. The previous proof was set in 2000, when Tishman Speyer bought Rockefeller Center for around $1.9 billion.
The offer surpassed the nearly $5 billion target that had been initially set. Why the high price? It is rare in a recent city to find so large an adjacent site come on the souk at the same time.
The proof price for a real estate business in the U.S. was damaged on Oct. 17 when Tishman Speyer accessible owner MetLife $5.4 billion for the 80 acres of Stuyvesant Town in Manhattan. The previous proof was set in 2000, when Tishman Speyer bought Rockefeller Center for around $1.9 billion.
The offer surpassed the nearly $5 billion target that had been initially set. Why the high price? It is rare in a recent city to find so large an adjacent site come on the souk at the same time.
posted by nisha
@ 10:51 PM
permanent link | Post a Comment |
0 Comments:
Post a Comment
<< Home