The bank is planning to convert the 400,000 square feet of space at 20 Hudson Yards into offices, according to Bloomberg News.
of space at 20 Hudson Yards into offices, according to Bloomberg News, which cited “people with knowledge of the deal.”
Wells Fargo will pay $550 million to Related Cos. and Oxford Properties Group, the two firms that own the 11-story building at 20 Hudson Yards,The Post has reached out to Neiman Marcus and Oxford Properties Group. In the first half of 2023, commercial real estate investment sales in Manhattan totaled $12.8 billion, a 43% drop compared to the same period last year, according to Ariel Property Advisors.
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