Harry Macklowe is one parcel closer to building his $1B Midtown office tower

Harry Macklowe’s dream of a building one more soaring skyscraper in Midtown picked up a bit of steam this week. The octogenarian developer on Monday closed on the purchase of a six-story rental building at 5 East 51st Street from Noam Management for $44 million, according to property records. His company Macklowe Properties funded the deal with a roughly $124 million mortgage from Fortress Investment Group. Macklowe, who was married last week following a bitter […]

from The Real Deal New York https://ift.tt/2VMx4wA

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