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Commercial Real Estate Datapoint of the Day
by Felix Salmon
May 21, 2008
May 21, 2008
In April last year, the New York Observer declared the GM Building to be "the most valuable building in the world," and quoted Scott Latham of Cushman & Wakefield as saying it was worth more than $4 billion.
Today, the WSJ reports the GM Building is likely to be sold - for $2.8 billion.
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