NEW YORK CITY-Sierra Realty is leasing out 40,000 square feet ofspace in a seven-story building located at 140 William Street.

Sierra Realty had purchased the building for $11.35 million fromformer owner Kent Swig. Sierra Realty stated that the company wouldbe open to leasing out the property to both commercial andresidential tenants. The asking rate for the building is $120 persquare foot per annum for retail space and about $30 per squarefoot for office space. For the full story, go to New York Observer. News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

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