Last Updated: January 30, 2007 10:07am ET
UPDATE

$1.8B Sale of 666 Fifth Ave. Closes

By Katie Hinderer

NEW YORK CITY-At $1,200 per sf, the deal sets a record for the sale of an office building, surpassing the sale of the MetLife Building for $1.72 billion.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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