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RE Rumor Mill: Madison Realty, Bank Of China, Hibernia REIT

By Andrew McIntyre (July 23, 2014, 7:30 PM EDT) -- Madison Realty Capital LP has paid $40.2 million to pick up a six-floor, 55,500-square-foot property on East 50th Street in New York from Matthew Siler, The Real Deal reported. The property, at 361 East 50th St., comprises seven commercial units and 43 residential units, and includes more than 45,000 square feet of available air rights, Real Deal said....

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