Sony New York Office for Sale at $1.1 billion

Sony New York Office for Sale at $1.1 billion

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Sony Office at New York is said to be for Sale at $1.1 billion. According to the report from gamespot, Sony has agreed to sell its New York City-based United States headquarters for $1.1 billion, the company has announced. The 37-story office is located at 550 Madison Ave and will be sold to an investment consortium led by the Chetrit Group.

Report added that, Sony expects the transaction to net proceeds of $770 million after paying debt associated with the building and other various transaction costs.








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