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Saturday, May 19, 2012

Nokia sold its offices in New York

Nokia has sold its offices in New York, located in the industrial town of White Plains in northern Manhattan. The Finnish company bought the office from six years for $ 30 million, and sold to Histogenetics biotechnology company for $ 12 million.

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"It's a very good deal for $ 12 million," told to Michael Rao, president of the brokerage representing the Histogenetics. "The building is beautiful, it's fantastic." Nokia's move comes in trying to survive in the global market, and after two disappointing quarters with losses $ 1.2 billion and $ .7 billion, respectively. Apart from the building in White Plains, Nokia has 27 other offices in the U.S. and another building in Sunnyvale, California.

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