Dec 17, New York

J.P. Morgan Chase & Co. has agreed to sell a 23-story lower Manhattan skyscraper for about $105 million, or less than $100 a foot. The price sets a new floor for Manhattan real estate because the 1.1 million-square-foot property, called Four New York Plaza, is more than half-leased to J.P. Morgan, guaranteeing some steady income...more