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Brookfield Buys Another Leasehold Interest, This Time Beneath Kushner’s 666 Fifth Avenue Tower

99 Year Ground Lease Marks One More Acquisition in a Busy Year for the Global Asset Manager
By Diana Bell
August 10, 2018 | 3:10 P.M.

American real estate developer and lender Kushner Companies LLC appears to have stemmed some of its bleeding at 666 Fifth Ave., as Brookfield Asset Management has stepped in to assume the entire leasehold interest on the office condominium, carrying a 99-year term.

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