With its unique, sloping glass façade, the Solow Building at 9 West 57th Street is one of the most recognizable structures in Manhattan. The 1.6M SF trophy building is also one of the priciest, with the last appraisal estimated at $3.4B.
The heirs of the late Sheldon Solow are closing in on a deal to sell the building for what is expected to be a record-breaking price for an office tower in NYC, according to an exclusive report from The Real Deal.
A transaction at $3.4B would value the building at more than $2K per SF. The current record-holder is the GM Building, which was acquired by Boston Properties for $2.9B in 2008 from Harry Macklowe.
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