Broadway Partners and Investcorp Real Estate have joined together to purchase*280 Park Avenue Istithmar for $1.28B.* The Property consists of two towers totaling 1,237,000 square feet,*making the sale*just over $1000 per square foot.* The Dubai based firm Istithmar purchased the towers*in June*2006*for $1.2B.* The towers stand tall at 31 and 43 stories, bridged together by a [...]

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