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Nordstrom buys skyscraper for its 1st Manhattan store

Nordstrom has paid $102.5 million for the site of its future New York City flagship, a seven-story department store that will anchor an 88-floor residential condominium tower. The tower is slated to be 1,550 feet tall, which would make it taller than the 1,454-foot-tall Empire State Building. Read the New York Post story here.

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