office building acquisition

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Vornado Acquires $1.1B Stake in Prime Park Avenue Office Tower

Vornado Realty Trust purchases 49% interest in Park Avenue Plaza for $1.1 billion, valuing the Class A office tower at $950 per square foot with 99% occupancy.
VNOVNOpLVNOpMVNOpNVNOpOreal estate investmentManhattan real estate