City Eyes Top Offers for Offices
April 23, 2011
By:David Seifman

With its workforce shrinking and a major space consolidation under way, the Bloomberg administration is looking to unload some of the city's office buildings in trendy lower Manhattan.

"We have a pretty big footprint down here," said Deputy Mayor Stephen Goldsmith, who is leading the downsizing effort. ...

...  Woody Heller, an office-building expert at real-estate services firm Studley, predicted that the city wouldn't have much trouble finding buyers.

"Older, prewar buildings lend themselves to residential conversion," he said. "There will be an appetite for this." ...


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