CME Group mulls sale of Nymex building

May 29, 2013 | 02:50 PM | Barbara O'Donovan

Tags  CME Group, Nymex, Nymex building, CBOT, Jamie Parisi, NGKF, barbara o'donovan

NEW YORK — CME Group Inc. is looking to sell the building that houses the New York Mercantile Exchange (Nymex) and the exchange’s trading floor.

CME said it has retained Newmark Grubb Knight Frank (NGKF) to explore a possible sale of the 16-story building at 1 North End Ave. in New York.

The exchange said it will continue operation of the Nymex trading floor in New York regardless of whether the Nymex building is sold. In the event of a sale, CME said it may lease back a portion of the building, including the trading floor.....

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