4 New York Plaza Trading at $99/PSF with 15-Year Leaseback From JPM
December 17, 2009
JP Morgan Chase is in contract to sell 4 New York Plaza. The 23-story, 1.1 million square foot building is undoubtedly not the best looking asset, but it is trading at $99/psf. And….JPM is reportedly leasing back 75% of the building for 15-years to boot! This is an example of where values are if buildings [...]
Read More >>