Pfizer building sale seen reflecting market weakness

Industry sources say that the spirited bidding for the Pfizer Inc. building at 685 Third Ave. last week reflects two distinct truths about the current state of the citys commercial real estate market: There is very little for sale and there is still concern about leasing activity. More than a dozen firms made offers this week on the 650,000-square-foot property near Grand Central. Numerous bids …