REAL ESTATE

Tiffany Building May Be Sold: Debt-ridden Japanese real estate company Daiichi Real Estate Co. is prepared to sell the landmark Tiffany Building in mid-town Manhattan if someone makes a good offer, a company spokesman said. He declined to say what price his company is seeking for the building, home to the famous jewelers of the same name. The building is located on Fifth Avenue in one of New York’s most exclusive shopping districts. Daiichi bought the building from a Chicago-based investment group for $94.35 million in 1986, the spokesman said. Daiichi Real Estate had debts of $3.08 billion at end-March, 1991. The Japanese financial newspaper Nihon Keizai Shimbun said Wednesday that Daiichi plans to sell $888 million worth of property in Japan and elsewhere, including the Tiffany Building.