Login

Broadway, Investcorp Land 280 Park Ave. for $1.2 Billion

Istithmar Unable to Generate Sizeable Profit in Sale of Midtown Manhattan Trophy Property
By Andrew C. Burr
December 6, 2007 | 2:23 AM

Broadway Partners and Investcorp's U.S. real estate group have closed on their purchase of 280 Park Ave. for $1.28 billion, or a little more than $1,000 per square foot, according to New York City documents.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


News | Broadway, Investcorp Land 280 Park Ave. for $1.2 Billion