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The Crown Bldg Sold for $1.78 Billion

Winter Org, Spitzer Ents Divest Midtown Asset
By Kelly Faulk
April 24, 2015 | 6:18 P.M.

General Growth Properties, Inc. (NYSE: GGP), along with joint-venture partners Capital Group, SHVO, and Wharton Properties, purchased The Crown Building at 730 Fifth Ave. in New York, NY from The Winter Organization and Spitzer Enterprises LLC for $1.775 billion, or more than $4,500 per square foot.

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News | The Crown Bldg Sold for $1.78 Billion