Skip Navigation
StreetEasy

Forbes may unload HQ for $55M

Started by stevejhx
about 16 years ago
Posts: 12656
Member since: Feb 2008
Discussion about
The Forbes family may be close to a contract to sell its headquarters at 60 Fifth Ave. for about $55 million, as the cash-strapped family continues to sell off assets amid a slump in publishing. The price tag equals around $380 a square foot, a far cry from the $1,000 a foot target they had hoped to fetch two years ago for the squat, 144,000 square foot granite office building. http://www.nypost.com/p/news/business/realestate/commercial/forbes_may_unload_hq_for_bmwuigZZXEN50xZLEx3j9L BRING ON THE FLAT TAX!
Response by positivecarry
about 16 years ago
Posts: 704
Member since: Oct 2008

Malcom got out just in time.

Ignored comment. Unhide
Response by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009

that would make nice condos.

Ignored comment. Unhide

Add Your Comment

Most popular

  1. Bought in 2012, selling now at 100+mm dollar loss
    25 Comments
  2. 35 Sutton Place...coming soon
    61 Comments
  3. Why Are More Millionaires Renting?
    139 Comments
  4. Dentist and gold crowns
    23 Comments
  5. ALDIs coming to Hells Kitchen
    30 Comments