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Politics : Formerly About Advanced Micro Devices

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From: tejek	3/31/2009 1:08:23 PM
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Boston's skyscraper sells for half its 2006 value 14 minutes ago (AP:BOSTON) Two companies have landed a real estate bargain: Boston's tallest skyscraper. The John Hancock Tower was bought Tuesday for about $660 million at a foreclosure auction in New York City. That's about half of what it cost a little more than two years ago. The 60-story building was acquired by a partnership between Normandy Real Estate Partners and Five Mile Capital Partners. World-renowned architect I.M. Pei designed the building. It was sold after Broadway Partners defaulted on loans

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