Deals
Sony Weighs Sale of U.S. Headquarters Tower in Manhattan
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Sony Corp. is considering the sale of its Philip Johnson-designed U.S. headquarters tower in midtown Manhattan, according to a memo from a senior executive.
The Tokyo-based company is “beginning to talk with people in the real estate community” about the potential sale of 550 Madison Ave., Nicole Seligman, president of Sony Corp. of America, said yesterday in a memo to employees. Sony bought the 36-story skyscraper on East 55th Street, known for its “Chippendale” top with a notch in the center, from AT&T Inc. in 2002, according to the memo.