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Thor Sells Fifth Avenue Asset to French Billionaire (Update)

20-Story Office, Retail Tower Sells for $525M
By Justin Sumner
CoStar News
June 13, 2016 | 7:07 P.M.

Thor Equities has dropped the hammer on its sale of the office and retail building at 693 Fifth Ave. in New York City to French billionaire Marc Ledreit de Lacharrière with investment fund management company Fimalac for $525 million, or almost $5,000 per square foot.

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News | Thor Sells Fifth Avenue Asset to French Billionaire (Update)