Some solace for you amid today's turmoil: The aptly named George Comfort & Sons is close to buying the two remaining trophy towers that Deutsche Bank put on the block earlier this year after taking them back from distressed borrower Harry Macklowe, according to sources familiar with negotiations.
Word has it that the price for the towering 1540 Broadway and Worldwide Plaza, at 825 Eighth Avenue, is hovering near $2 billion, but that the deal relies, at least in part, on NBC leasing the remaining mega-chunk of space in Worldwide Plaza for its new business operations center. NBC Universal has been captivating the sluggish office market for months with its very public search for more than 600,000 square feet. read more »
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