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SL Green Realty Corp., a New York-based office real estate investment trust, has sold 315 West 33rd St., an undeveloped parcel of land with a gross valuation of $446.5 million, or approximately $906 per square foot, to an affiliate of Brookfield Asset Management.
Bond, a property technology firm that focuses on last-mile delivery, is taking a page out of the book of co-working firm WeWork. The New York City-based start-up scouts out underutilized commercial space in dense city areas to establish "tiny warehouses" for last-mile delivery and is plotting an expansion in New York and two Northeast cities.
"You have to lead from a place of firm conviction about what you are trying to accomplish and what your values are that drive how you accomplish goals."
Anchoring the property will be WeWork and locally-based CA Ventures, which combined will occupy in excess of 120,000 square feet at the more than 172,000-square-foot, 12-story building.