Four Winds Picks Up Murray Hill Apartment Building for $68M
Four Winds Real Estate closed a deal to buy 49 East 34th Street from Morgenstern Capital and HIG Capital for $68 million.
Source: commercialobserver.com
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Rudin Offloads Former AIG Headquarters for $160M to Bushburg
Bushburg plans to convert the skyscraper's offices into residential units.
Source: commercialobserver.com
Gucci, Prada, Louis Vuitton: the two Fifth Avenue blocks leading New York's retail revival
In a key Manhattan shopping corridor, the world’s biggest luxury brands are outdoing each other to score the best positions.
Source: afr.com
Gucci Owner Kering Buys Fifth Avenue Retail Condo for $963M
Kering bought the 115,000-square-foot retail portion of 715-717 Fifth Avenue from Jeff Sutton’s Wharton Properties and SL Green Realty.
Source: commercialobserver.com
Silverstein Selling Its Stake in Hudson Research Center
Silverstein Properties is selling its ownership stake in Hudson Research Center, the life sciences property it owns with Taconic Partners.
Source: commercialobserver.com