NYU Buys Forbes Building for $65 Million
The Forbes building at 60 Fifth Avenue at 12th Street was sold to New York University for $65 million, or $530 per square foot.
The Forbes building at 60 Fifth Avenue at 12th Street was sold to New York University for $65 million, or $530 per square foot. It was estimated that the building was being sold for $55 million before, and when Forbes announced the sale on January 7, no price was discussed. The price is 53% off the listing price when the 122,500-square-foot building initially hit the market in 2007.
Via: The Real Deal
Latest from Haute Living
Fashion
Anthony Vaccarello Turns the House Icons to Gold at Paris Fashion Week for the Saint Laurent Summer 2027 Collection
Fashion
Dior Spring 2027: Jonathan Anderson Builds a Paris Fashion Week Show Around This Object
Haute Cuisine
Speedboat Bar Brings Bangkok Chinatown Flavors to New York
Fashion