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Megadeals

When is a boring building sale not just an average boring building sale? When the price may hit $2 billion! That's how much on-the-market 111 Eighth Avenue is expected to fetch, which may or may not trigger a new era of irrational exuberance that would undoubtedly end with the world's total annihilation. You know the building: It's the 15-story, block-eating brick thing between 15th and 16th Streets in Chelsea that's home to companies like Google and Nike. It's the fourth-largest office building in town. [NYT]