Business Services Industry
Metropolis Realty Trust, Inc
Real Estate Weekly, Jan 12, 2000
Metropolis Realty Trust, Inc. announced today that it has completed the sale of all of its interests in 237 Park Avenue to 237 Park Investors LLC. Metropolis continues to own another New York City office building, 1290 Avenue of the Americas. Metropolis also announced that its board of directors has declared a special dividend of $15 per share, payable on December 10, 1999, to stockholders of record on December 9, 1999.
Metropolis is a Maryland corporation that qualifies as a real estate investment trust for tax purposes.
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