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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: WP Carey

WP Carey stories: 1 news summaries

 Times Co. Sells HQ for $225M 

Debt-laden paper enters sale-leaseback with investment firm

Mar 9, 09 8:51 AM CDT
(Newser) - The New York Times Company has raised $225 million through a sale-leaseback of its Eighth Avenue skyscraper, it announced this morning. The deal gives investment firm WP Carey ownership of the Times' share of the Renzo Piano-designed headquarters, which the newspaper moved into in 2007. The company will then lease... More »

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real estate • New York real estate • New York Times • New York Times Company • New York Times building • newspaper industry • WP Carey • sale-leaseback

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