Allianz buys Lubert-Adler’s stake in 114 Fifth lease for $210 Million

      Lubert-Adler is selling its 95 percent stake in the ground lease at 114 Fifth Avenue in Flatiron, banking roughly $53 million in profit. Allianz Real Estate of America picked up the stake More...

David Levinson’s L&L Pushes Start Button To Build 425 Park Avenue Office Tower

– 425 Park Avenue tower – rendering courtesy L&L Holding 425 Park Avenue is today an existing office building in Midtown Manhattan, containing 650, 000 square feet of space. A fairly innocuous More...