His broker, Mr. Gorman, now estimates that it is worth $650,000.
That sum is about $10 million a year, brokers and city officials estimate.
Yes, and he had paid more than twice what Kim's broker had estimated to bring Kim back into the fold.
With the incentives and lower asking prices, brokers estimate that space downtown is $20 to $30 a square foot cheaper than in Midtown.
But brokers and developers familiar with the project estimated that the office space alone would cost at least $20 million.
At the same time, brokers estimate that the number of apartments for sale has climbed 25 percent.
Real estate developers and brokers estimated the property could be sold for $40 million to $60 million.
No one involved with the project would disclose the overall cost but commercial brokers estimate it to be between $42 million and $63 million.
One broker estimated the cost of acquiring Eight Bells Farm would exceed S10 million.
Competitors and brokers estimated that the firm's accounts had been cut in half.