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By Michael Ewing 1/01 10:00am

Sales Beat

285 Madison Avenue. (Courtesy of NYTimes)

Y&R Sells 285 Madison Avenue One Year After Fatal Elevator Accident

285 Madison Avenue, the building that experienced a fatal elevator failure last year, has been sold.

Y&R, the prominent advertising agency and owners of the building, has decided to sell it to RFR Holding in a partnership with an unnamed real estate investment fund.

Two two, RFR and the investment fund, will perform a $50 million capital improvement program that Read More

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