ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Mitsui Fudosan to build high-rise in New York

Mitsui Fudosan will build a 51-story office tower in Manhattan.

TOKYO -- Japanese property developer Mitsui Fudosan is doubling down on New York City as the metropolis undergoes a 21st-century makeover of unprecedented scale.

     The company unveiled plans Wednesday to build a 51-story office tower in Manhattan, sinking as much as 150 billion yen ($1.25 billion) into the project. It is the largest-ever overseas undertaking by a Japanese real estate company.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more