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Woody14
2021-08-17

ViacomCBS Sells Manhattan Office Skyscraper in $760 Million Deal

ViacomCBS Inc. has reached a deal to sell the Manhattan skyscraper that houses CBS for $760 million,

ViacomCBS Sells Manhattan Office Skyscraper in $760 Million Deal

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It was designed by architect Eero Saarinen. The deal includes an agreement for CBS to lease back the space on a short-term basis.</p>\n<p>Manhattan’s office market has been hit hard by the pandemic, with vacancies rising as companies embrace remote work. 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It was designed by architect Eero Saarinen. The deal includes an agreement for CBS to lease back the space on a short-term basis.\nManhattan’s office market has been hit hard by the pandemic, with vacancies rising as companies embrace remote work. Transactions have also slowed as investors ponder the rise of hybrid schedules.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

ViacomCBS Sells Manhattan Office Skyscraper in $760 Million Deal

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