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Manhattan’s famed Helmsley Building sells for $1.2 Billion


Helmsley Building

RXR Realty has acquired Manhattan’s iconic Helmsley Building for $1.2 billion to, the real estate investment giant headed by Port Authority vice-chairman Scott Rechler.

The 34-story, 1.4 million square foot property, at 230 Park Ave. just north of Grand Central Terminal, is one of the largest and most prominent office towers to sell in New York City in…

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By Katherine Clarke

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