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Real Estate Rumor Mill: Anbang, Shorenstein, Lightstone

By Natalie Rodriguez (February 20, 2015, 3:05 PM EST) -- Anbang Insurance Group Co. Ltd.'s much-buzzed about second New York purchase — of an office building at 717 Fifth Ave. owned by Blackstone Group LP — will reportedly come in between $400 million and $500 million, according to a Bloomberg report, which cited unnamed news sources. The office deal comes on the heels of Anbang closing its $1.95 billion purchase of the Waldorf-Astoria New York....

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