The 10 Most Expensive Buildings

The 54-story Bank of America Tower, at 42nd Street, between Fifth and Sixth avenues, is the new kid on the block, opening in 2008 (and officially opening only last month). The joint venture between Bank of America and the Durst Organization won points for its location, design and environmental friendliness. "It's state of the art," Mr. Knakal said. "It's environmentally friendly, well located and well operated." One Bryant Park passes the mathematics part of the value quotient with flying colors, said Dan Fasulo, managing director of real estate research firm Real Capital Analytics. "It's a big building, with a number of tenants on long-term leases, and they are charging top-of-market rents.

This Week's Photos: Opening of the Bank of America Tower

BofA tower gets top green-building rating

950-foot tower earns first LEED-Platinum honor; tower designed to use two-thirds less power, save 7.7M gallons of water and please more tenants.

Bank of America Tower at One Bryant Park is First Commerical Skyscraper in U.S. to Acheive LEED Platinum

The Durst Organization and Bank of America Recognized for Exemplary Environmental Design and Construction by the U.S. Green Building Council

A Tour of Jolly Green Monster One Bryant Park as It (Officially) Opens

43 Years in the Making The recently completed Bank of America tower (a.k.a. One Bryant Park) will have its official grand opening gala Thursday night—complete with scheduled appearances by Mayor Bloomberg and tenant Al Gore—with the owners throwing the celebration now that some final touch-up work is finally completed and the scaffolding has been taken down. (The building opened to tenants in 2008.)