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A NYC office building will sell at such a discount that it's 67% less than the purchase price and below what's still owed on the mortgage

Empire Capital Holdings and Namdar Realty Group agreed to purchase the property at 321 W. 44th St. for less than $50 million.

11.06.2024 30

Natalie Wong

British billionaire Reuben brothers wager on $2 billion luxury project in Puerto Rico

The Reuben brothers have a combined net worth of about $15.6 billion.

24.05.2024 50

Natalie Wong

Billionaire Miami Dolphins owner wants South Florida to be more like Manhattan—'I still love a challenge'

“I want to make West Palm a model city for the country," said Related Cos. founder, Stephen Ross.

27.04.2024 40

Natalie Wong

Older office buildings ‘will be stranded,’ says Morgan Stanley: ‘They simply don’t have long-term cash flow growth potential’

Plunging demand for commodity offices is driving growth for the highest-quality properties, said a Morgan Stanley executive.

30.03.2024 40

Natalie Wong