Macerich To Pay Alexander's, Vornado $1.25B For NYC Malls
By Eric Hornbeck ( October 22, 2012, 3:58 PM EDT) -- Real estate investment trust The Macerich Co. said Monday that it plans to pay $1.25 billion for two New York City-area malls with a combined 3 million square feet of space from REITs Alexander's Inc. and Vornado Realty Trust....
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