Condo Conversion Planned for Former Detroit Office Buildings

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The Pagan Organization has purchased the Book Tower and Book Building in downtown Detroit and plan to convert a portion of both properties into luxury condominiums. The New York investment and development group led by Ricardo Pagan, acquired the buildings for an undisclosed price. Book Tower is a 38-story office building built in 1928 and the Book Building has 13 stories and was also built 1928.