Sony Set to Hire Brokers for Inevitable 550 Madison Avenue Sale

Electronics giant Sony has reportedly gone forward with its plans to hire brokers to sell 550 Madison Avenue, its iconic Midtown office tower, In an email to Sony employees, Nicole Seligman, president of Sony Corp. of America, said that 550 Madison Avenue had “considerable value locked in it” due to its location and its architectural provenance (Philip Johnson designed the building). 
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