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Real Estate Rumors: Vornado, Richman, Hackman

By Andrew McIntyre (June 11, 2019, 6:01 PM EDT) -- Abu Dhabi Investment Authority is buying a minority stake in a Manhattan building from Vornado Realty Trust for roughly $900 million, The Real Deal reported on Tuesday. The deal is for a 25% stake in 330 Madison Ave., and following the purchase, Abu Dhabi Investment Authority will own the entire building, Real Deal said. Tenants at the property include HSBC and Guggenheim Partners, according to the report....

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