Brief
Barry Sternlicht’s LNR Sells Scribner Building to Aurora Capital for $54M
Two years after taking back the keys from Thor Equities, LNR Partners has sold 597-599 Fifth Avenue for $54 million. Robert Cayre’s Aurora Capital purchased the properties, which includes the 12-story
Summary
Two years after taking back the keys from Thor Equities, LNR Partners has sold 597-599 Fifth Avenue for $54 million.
Robert Cayre’s Aurora Capital purchased the properties, which includes the 12-story Scribner Building, according to property records.
The last known valuation of 597 Fifth was about $84 million when Starwood Property Trust foreclosed on the […]
Source
- Commercial Observercommercialobserver.com
