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Sony, which had vacated the 850,000-square-foot building on Madison Avenue between 55th and 56th streets, paid rent to the Chetrit partnership until just last week. (AP Photo Credit: Rainmaker Photo/MediaPunch/IPX)

(Bloomberg) – Developers who planned to convert Manhattan’s Sony Building into ultra-luxury condominiums, including a $150 million listing, agreed to sell the tower for more than $1.4 billion, according to person with knowledge of the deal.

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