NEW YORK CITY-Sony Corp. is looking to sell its Manhattan officebuilding in New York. The electronics giant, which listed its37-story office tower at 550 Madison Ave. on the market earlierthis year, is set to start first-round bids on the building onMonday.
According to some real estate executives, the PhilipJohnson-designed property may fetch over $900 million. EastdilSecured LLC's Douglas Harmon is handling the sale. The broker saidthat Sony is looking to close the deal by late March. For thefull story, go to Wall Street Journal .
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