The Monastery was closed in 1977 and the building sold two years later.

The building sold for an average of $455 a square foot.

That means the 37,500-square-foot building easily may sell for more than $3 million.

The building has sold 200,000 square feet out of 350,000 total.

Less than a year later, the building sold for $575,000 and his wife had a change of heart.

I quickly saw that his buildings were selling for 25 percent more than exactly the same building put up by somebody else.

At 10 times the rent roll the same building would sell for $7.2 million.

A similar building in the neighborhood just sold for a half a million dollars.

The building will now sell for about $365 a square foot, according to the agreement.

If the building does not sell after another three months, the price can be cut another 5 percent.