Sotheby's Buys Breuer Building for New York Headquarters

1 min read
Source: Curbed
Sotheby's Buys Breuer Building for New York Headquarters
Photo: Curbed
TL;DR Summary

The Breuer Building, an architectural masterpiece located on one of the most expensive blocks in New York City, has reportedly sold for $100 million, which some experts believe is low considering its size and the neighborhood. However, pricing such a unique property is difficult, as it's more of an art than a science. The building's new owner, Sotheby's, is expected to know how to put a price on it. The building is made of high-strength concrete, which makes it difficult and costly to modify.

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