NY Mayor Michael Bloomberg speaks at a news conference in 49-51 Chambers Street in New York

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NY Mayor Michael Bloomberg, center, at a news conference in 49-51 Chambers Street in New York about the sale of this building and one at 346 Broadway, on Tuesday, March 5, 2013. In an effort to reduce the city's holdings of real estate the two buildings sold for almost $250 million and will result in a savings of approximately $120 million after relocation and other expenses are factored in. The landmark 49-51 Chambers St, formerly the Emigrant Industrial Savings Bank, sold to the Peebles Corp. and 346 Broadway sold to the Chetrit Group. (© Richard B. Levine)

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Size: 5120px × 3413px
Location: new york ny usa north america
Photo credit: © Richard Levine / Alamy / Afripics
License: Licensed
Model Released: No

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