Ivanhoe Pays $360M For Blackstone's Share Of NYC Tower
The 1.2 million-square-foot property at 1411 Broadway in Midtown was previously operated by a joint venture between Blackstone and The Swig Co. LLC. Blackstone announced earlier this year that it planned to divest some of its U.S. real estate assets, putting its stake in 1411 Broadway on the block in May.
With the purchase, Ivanhoe enters a...
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