IBM Building going condo?
Published January 2nd, 2006 in DevelopmentsThe owners of the famed, Mies van der Rohe-designed IBM Building downtown are considering converting all or part of the building to condos. The building is 32 percent vacant after IBM moved out, and Jenner & Block–which rents another 22 percent of the building–will move out in 2010. The conversions will be a tough sell though. The building’s existing views will be blocked by the new Trump Tower next door, though living next to the Donald’s planned development and its new restaurants and health club may be an attractive bonus.