Office developer BXP is cutting its dividend by about 30% to help fund development projects including a $2 billion Manhattan trophy officer tower linked directly to the Grand Central Terminal transit hub.
BXP cuts dividend to help fund projects including Manhattan trophy tower
Developer has begun construction of 343 Madison with direct access to Grand Central
By Andria Cheng
CoStar NewsSeptember 8, 2025 | 9:16 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- BXP, Inc.
Real Estate