An Entire Skyscraper In St. Louis Sold For $3.6M, Less Than The Cost Of A Studio Apartment In NYC

An Entire Skyscraper In St. Louis Sold For $3.6M, Less Than The Cost Of A Studio Apartment In NYC

A 44-story high-rise skyscraper recently sold for $3.6 million, a fraction of its 2006 price, reflecting declining demand in the North American office market amid an emerging telecommuting trend. The former AT&T Center, one of the tallest towers in St. Louis, Missouri, USA, which sold for $205 million in 2006, just changed hands again earlier this month.  The 1.46 million-square-foot building…

Read More
Daily Trend Blog