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Real Estate Rumors: Thor, Eagle Brook, Crescent Heights

By Andrew McIntyre (May 2, 2016, 3:48 PM EDT) -- Thor Equities LLC is under contract to sell an office and retail property on Fifth Avenue in New York City for $525 million, according to a report on Monday from Commercial Observer that cited a source with knowledge of the matter. The firm is selling 693 Fifth Ave., a 105,422-square-foot building that the company purchased for $142.5 million in 2010, according to the report. Valentino, which has 19,600 square feet in the building, is the largest tenant at the property, Commercial Observer said....

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