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Clinton Office Search May End as Ex-President Seals Harlem Office Deal With NYC

NEW YORK CITY-Smaller space in cheaper digs--and a promise to keep city services on site--may end the months-long, much-publicized, often-criticized search for Bill Clinton's post-presidential base of operations.

By John Salustri | Updated on February 17, 2001

NEW YORK CITY-After a week of wrangling with New York City, the way has been cleared for Bill Clinton to take office space at 55 W. 125th St. in Harlem. The announcement comes just one week after a deal at Carnegie Hall Tower fell through. The collapse of negotiations at that property were hastened by public outcries over the cost of the space, valued at roughly $800,000 per year. While the city and the ex-president have shaken hands, the Harlem deal still needs the blessing of the GSA before any leases are signed.

Not surprisingly, the Harlem space, in a building owned by the Cogswell Realty Group, is smaller and comes in well under the previous price tag. One web report values the 7,000 sf at just over $200,000.

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