Located across from the city's old convention center near 12th and I streets, 1101 New York promises to be a premiere property in an East End area neighborhood that is currently being redeveloped into a live-work-play destination, full of new office towers and apartment and condominium buildings. If all goes as planned, construction of the property should wrap up in 2006. According to Advantis Real Estate Services Co.'s Mid-Year 2004 Office Report, class A space in the East End goes for about $43.25 per sf.
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