Nokia sells their New York office for $12 million
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Nokia has had an office in White Plains, New York since 2005. Roughly 300 people worked there, and their job was to make the Finnish handset vendor relevant in the United States. They obviously failed to do that, so now the office is being sold to the tune of $12 million. That sounds like a lot, but Nokia invested $30 million into that building to make it look very … Scandinavian. Michael Rao, the guy who helped, Histogenetics, a biotechnology company, buy Nokia’s former offices says: “It’s a great deal for 12 million bucks. The building is gorgeous. It’s so spectacular.” »read more
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Filed in: NOKIA